Showing posts with label downsizing. Show all posts
Showing posts with label downsizing. Show all posts

Tuesday, August 21, 2018

There’s a disturbing new trend among rich baby boomers. No, not that they are getting even richer. Apparently, according to architects and home builders, wealthy boomers are not downsizing. In fact, they are making their master bedrooms even larger so that they can live in one big room while the rest of the house remains vacant…waiting for the next party or set of house guests.

The kids are out of the house but these boomers just don’t want to part with their furnishings. The solution is to expand the master bedroom and rarely use the rest of the house. Builders of $10 million homes say that the buyers want wet bars, drawing rooms, dressing rooms and oversized bathrooms in their master suites. A 12,000 square-foot home in Aspen has an elevator that goes from the garage straight to the master bedroom that features an office, gym, fridge, sink and coffee maker. So a portable frig is no longer a big deal. Most of the house traffic is from the bedroom to the kitchen and back.

Which begs the question. Why not combine the kitchen and the master and just never leave that one big space. Nightstands could be replaced by beverage dispensers combined with convection ovens. The headboard could be a refrigerator-freezer combo. Groceries can be delivered by Peapod and with the help of Alexa opening the front door, the delivery person can bring everything straight into the master.

If the children and grandchildren show up, they can have the rest of the house, bedrooms and living room to themselves. The boomers can remain in their stand-alone apartment and only come out when the mood strikes.

Brokers are comparing this trend to the European penchant for closing off large parts of the baronial estate. Only the Europeans have to rent out their estates for weddings and tours in order to cover their annual upkeep. Not so wealthy boomers. They can afford to cocoon themselves in extravagant master suites without ever letting the rest of the world in.

When you think about it, even not so wealthy boomers can emulate this trend. Just move into a suite at a luxury hotel and when the kids come, make then rent their own rooms. Done.

Jay Harrison is a graphic designer and writer whose work can be seen at DesignConcept and at BoomSpeak. He's written a mystery novel, Head Above Water which can be purchased on Amazon here. You can also visit his author page here.

Monday, October 26, 2009

House Shrinks


A number of recent articles have focused on baby boomers who are shrinking the nest as a prelude to emptying it out all together. Harvey Araton recently described such families in a New York Times piece called When Home Shrinks.

What surprised me was how whiny some of the children were about losing their palaces. They had a pool, hot tub, trampoline, swing set, basketball court and each had a room to themselves.

I don’t want to do the “had to walk five miles to school” routine here, but an inflatable wading pool and a rickety badminton net on an uneven yard hardly adds up to what these kids have.

So Mom and Dad decide that with this uncertain economy and the need to put the three kids through college, this was the time to downsize and move to a more affordable energy saving home. Do the kids appreciate this sacrifice? Do they realize that the parents who have fed, clothed and nurtured them for their entire lives are looking out for their best interest?

Hell, no. They’re whiny. The oldest kid who’s leaving for college mind you, says, “We always believed that was going to be the place we would come back to with our own kids for Christmas and Thanksgiving…We kind of felt lied to.”

Reading this, you just want to reach out and put your hands around his neck while you tell him, “Listen, you little brat, nothing in this world is forever and you’re damn lucky your parents are being frugal enough to pay for your education. So sit down and shut up.”

Maybe it’s going to turn out that the small houseworst legacy of baby boomers is the sense of entitlement that they have instilled in their offspring.

When I left for college, I returned on Thanksgiving to find that my former bedroom that I shared with an older brother had been turned into some kind of Barcalounger den of iniquity with a color TV in the corner. They were just waiting for me to scram. Was I mad? A little put out that the deed was done the moment the door hit my ass on the way out, but they earned it.

And I did walk a mile and a half to school. In the snow. When it was bitter cold. But not barefoot.

Jay Harrison is a graphic designer and writer whose work can be seen at DesignConcept and at BoomSpeak. He's written a mystery novel, which therefore makes him a pre-published author.