paywalled, but slightly interesting just from the highlights. Proposes restriction on building size in zoning laws.
You must log in or register to comment.
Highlights
•
The size of very large houses dramatically increased since 1980, leading to a “McMansion effect.”
•
Homeowners’ satisfaction drops with nearby McMansions, but not neighborhood satisfaction.
•
In response to the “McMansion effect”, homeowners enlarge homes and incur more debt.
•
Isolated McMansions or those built before move-in don’t affect satisfaction or behavior.
•
Zoning laws limiting maximum house sizes could enhance welfare by reducing pressure to upscale homes.
