The American dream is shrinking. For the first time in at least a decade, builders are substantially reducing the size of new houses.
"We're trending toward smaller homes," says Gopal Ahluwalia, director of research for the National Association of Home Builders. He says growth in the average size of new single-family homes, which went from 1,750 square feet in 1978 to 2,479 in 2007, is starting to reverse.
Sunday, January 11, 2009
In recession, home builders reduce square footage
USA Today reports: