Home > Foreclosure > Will unwanted McMansions lead to blighted communities?

Will unwanted McMansions lead to blighted communities?

September 22nd, 2009 Leave a comment Go to comments

After a wonderful vacation in Canada (which never got as crazy with bad loans as the U.S. did), I’m back at the computer.  Time magazine has an interesting article about reinventing the McMansion.  Apparently many of these huge houses have fallen out of favor in this economic climate and rather than let them become bloated blighted structures, some jurisdictions are allowing them to be converted into group homes, film studios, and greenhouses, among other things.  Of course, this would require a significant change in local zoning laws. One of the concerns voiced by a real estate professor in the article is about blight in the suburbs if these houses lose their appeal.  You can find the article at http://www.time.com/time/magazine/article/0,9171,1924506,00.html

Categories: Foreclosure Tags:
  1. Mick @Villa Park
    September 24th, 2009 at 12:55 | #1

    Glad you had a great vacation. VP does not really have “McMansions” though there are some “upper end” homes on the south side. Has this been a problem in Hinsdale? We are starting to slowly see some houses get picked up, mostly “starter” type homes. The problem has been owners turning these into rental properties. Nothing beats a live in owner.

    Have a good one.

  2. October 14th, 2009 at 08:20 | #2

    Definitely one of the better posts I’ve read in a while. Thanks!

  1. No trackbacks yet.

To fight spam, please answer this math problem before submitting: * Time limit is exhausted. Please reload CAPTCHA.

Contact Linda: lpiec@sbcglobal.net | 2021 Midwest Road, Suite 200, Oak Brook, IL 60523 | Phone: (630) 655-8783

This blog site is published by and reflects the personal views of Linda Pieczynski, in her individual capacity. It does not necessarily represent the views of her law firm or her clients, and is not sponsored or endorsed by them. The purpose of this blog site is to assist in dissemination of information about legal issues relating to building code enforcement, but no representation is made about the accuracy of the information. The information contained in this blog site is provided only as general information for education purposes, and blog topics may or may not be updated subsequent to their initial posting.

By using this blog site you understand that this information is not provided in the course of an attorney-client relationship and is not intended to constitute legal advice. This blog site should not be used as a substitute for competent legal advice from a licensed attorney in your state. This blog site is not intended to be advertising for legal services and Linda Pieczynski does not wish to represent anyone desiring representation based upon viewing this blog site in a state where this blog site fails to comply with all laws and ethical rules of that state.