for a hefty dose of design nerdry:
To some extent right, but certainly over-amplifying the trope. For the record I enjoy fixing and repurposing things too much to ever be a minimalist and really it depends on what your definition of loft is. If that means sign a 10 year cheap lease on an entire floor of a derelict warehouse building and create my own space, well then sign me up! Also 80's lugged steel bikes are way cooler and more sustainable then Priuses.
< /nerdry >
and back to the highbrow discussion at hand...