@Lightbrite
Mrs. CTL is a designer/builder/realtor
I asked her your question…………..
This is true of Generation Xers
She has found that Millenials:
#1 are less apt to buy, they are swamped with student debt
#2 tend to entertain at restaurants, not their homes and don’t want the large entertaining spaces
#3 find security in compartmentalization>>>goodbye Great Room and breakfast bar leading from kitchen to family room. Hello formal dining room, a kitchen that is closed off so guests don’t see the mess and smell what’s cooking while visiting
The days of the McMansions are over, house size has been decreasing for a decade. Millenials don’t want to care for 2-5 acres of land and a 5 Bedroom 5 bath, 3 car garage home.
Mrs. CTL and I have 5 children, all are married. No child has more than 4 children (so far). Only the youngest who just married is living in a house with an open floor plan, and she didn’t choose it, we gave her the use of MIL’s home next door, as we moved MIL in with us this year for health reasons. She is the almost millenial, born in 1997. She is already asking about renovating the house, closing off the kitchen and creating a formal dining room.