The lucky stroke crippled me and gave me a new life. Now I'm just unbelievably good looking and modest. Always turn a little to the left.
6 May 2012
McMansion's they're good for us. SO SAY THE BANKS!!
Banks prefer a McMansion
May 6, 2012 Edited by SWT Read
CANBERRA'S appetite for McMansions may have lessened but architects are complaining that it is now the banks - not the clients - who are pushing them for extra more bricks and mortar.
President of the ACT chapter of the Australian Institute of Architects Tony Trobe said he had been effectively forced to change designs to give clients extra bedrooms they did not want or need, just so they could get finance from their banks for the build.
''The banks are saying 'no' because they think it's not as easy to sell a stylish two bedroom house as is to sell a three bedroom house with a garage,'' he said.
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''I designed a home for a couple in Uriarra, which was to be done in two stages - the first was with two bedrooms and the second stage was later if they wanted it,'' he said.
''They didn't have children yet and didn't need the extra bedrooms, but they wanted it set up so it could become a full family home down the track.''
The ''Uriarra project'' became a three-bedroom home with two living rooms and an extra living area. It was not the first time it had happened.
Australian Bankers' Association chief executive officer Steven Munchenberg said there was no hard and fast rule about needing at least three bedrooms.
''Nobody in the industry is saying 'no more two bedrooms' but the banks will take into account the re-salability of the home,'' he said.
In other words spend more we like it, you might not need it, but if you don't, where will you get the money...He,He,He