Meet the McMansion for millennials

Builder

Toll Brothers is tailoring its product in select markets to appeal to millennials, and others, with smaller, less ornate but still luxury homes. Philadelphia Magazine reports:

In fact, a recent survey by ApartmentList.com found that 78 percent of Philly millennials plan to buy a home, but 72 percent of those are holding off because they can’t afford to. And it’s not just debt that keeps them on the sidelines — there’s also a shortage of homes at prices they can afford.

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