Disney Irish
Premium Member
Maybe, or its just that people are now more into boring colors and yard looks compared to generations past. I look around neighborhoods in the Bay Area near me and they all look fairly the same, and most of these people have owned their homes for 30-40 years. So they aren't looking for resale value as they aren't selling, its just what people like.I think a lot of people get convinced it's all about resale value instead of getting what they want. I've had friends who were told by car salespeople that they should go for the "safe" color and automatic trans for that reason. This also seems to go for a lot of home decorating decisions. And then the market reflects these choices and it all gets blander.
I went through this unconscious pressure. And then I had my black car painted red and all of my rooms are bright happy colors instead of the original many shades of white.
That is not to say that resale doesn't go into decisions, but as the saying goes the market reflects the tastes of the consumer, its not the other way around at least in my opinion. To go back to the car paint scheme, do you really think that a car manufacturer is not going to sell a hot color just because they only want to offer a basic color scheme? Nah, they're going to sell what is hot. For example in the late 00s/early 10s there was a trend of burnt orange being the "hot" color in new car colors, I saw it everywhere and I hated it. And now I don't see it as much, as the trend appears to have died (I suspect because everyone got tired of it and stopped buying that color) with the latest model year.