|Posted by Zena Arnella on March 31, 2012 at 11:10 AM|
I believe there is a new wave of thinking about old houses, and I want to share it with you all; so open your eyes to new income assests.
For the past 10 years, I have been absolutely immersed in researching homes built from 1945 through 1963 — the classic, post-World-War-II baby boom years. And over the past decade — and the past two-to-three years in particular — there is no question that I’ve seen a major transformation in how mainstream media, real estate agents and — yes, prospective home buyers — view these homes. The original, high quality features… the architecture… and the wisdom of restoring, rather than gutting — yup, folks are starting to ‘get it’. To be sure, there is still serious work to do to showcase how smart appreciating and preserving these homes can be, but, we are well on our way, I am convinced. So, that gets me to thinking: What is “the next big thing”. The answer, of course: 1970s houses. And buckle your seatbelts, peoples, because I predict that the love train for 1970s architecture and interior or design will be even bigger than for 1950s and 1960s homes.
There were more houses built in the 1970s — overall and as a percentage of population — than during any other decade in American history.
It. Always happens. About 20 years after a housing style, with its attendant interior design style — booms — we Hate it. This goes on for a while. About 50 years after, a shift starts to occur. There is a new generation — the grandkids, typically — who have fond recollections of their grandparents’ homes, and embrace they style. They also can afford these “stylistically discounted” — “dated” — houses. In addition, the larger population — including designers — has the perspective to look back and appreciate the best of a style, and let go of the rest. The 70s housing re-boom is on a trajectory to start in earnest in about eight years.
The housing boom of the 1970s was even greater — numerically and as a percentage of population — than in the now-infamous bubble of 2000-2010. There are reports and reports, with a variety of government agencies (BLS pre-1945, and Census 1945-on), and technical slicing and dicing, to puzzle through. You get the point, old house are IN or In FASHION NOW, start up by looking these treasures to revalue the new real estate market.
So long, hugs!!!