McMansions turning out to be bad investments in some regions

The return on investment has dropped sharply in part due to housing markets flooded with big, new homes

By Peter Fabris, Contributing Editor | September 7, 2016
McMansions turning out to be bad investments in some regions
McMansions turning out to be bad investments in some regions

McMansions, the tract-built luxury homes constructed since the 1980s, have been criticized for poor aesthetics and, in some cases, shoddy construction. Now there is another criticism. The return on investment of these houses has dropped sharply in some areas of the country. One explanation is that builders have flooded housing markets with a new wave of large homes, bringing prices down.

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