“The turnover in housing has a strong relationship with remodeling activity. You want to keep up with the value of your investment because it is appreciating.”
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“When people walk into a modern home, they dont ask about a library.”
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“Its not need; they have smaller families. Its lifestyle.”
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“That suggests that the size of the average house is stabilizing.”
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“They want to have everything but cant afford it. Their belief is that home prices will go up, and their income will go up.”
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“Why do home sizes rise when, during the same period, the average family size has declined?”
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“Like all of us, as you grow old you need more maintenance and more fixing.”
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“We can afford it, we like it, and unlike the car that you spend $35,000 on today, it appreciates and is an excellent investment.”
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“At least the house appreciates. In every decade it has turned out to be an excellent investment.”
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“In 1992, 8 percent of the market share was with the top 10 percent of builders. In 2004 it was more than 21 percent and it is growing.”
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