Despite the derisive name, McMansions were hot property a decade or so ago. Now, they are on their way out.
Business Insider, citing data from Trulia, reports that the premiums paid for McMansions (defined as mass-produced suburban homes that measure between 3,000 and 5,000 square feet) have declined in 85 of the 100 biggest U.S. cities.
McMansions draw criticism for their ostentatious, unattractive, and generic appearances, and how they crowd out smaller homes.
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