Sentences with phrase «biggest declines in home values»

Not exact matches

The big problem with this is that people will then use these mental gymnastics to justify financing a renovation — and take on debt today, in order to increase your home's value tomorrow is not financially savvy (particularly with rates poised to rise, which will prompt a cooling housing market and declining housing prices).

Over that same period, millions of American households experienced severe economic shocks, including unemployment, large declines in home values, and big drops in retirement account values.

That means if I assume that the median home size by square footage since 1970 doubled in value, and I compare what Americans wanted then in size to the same size now (even AEI points out that households have declined in size - the biggest LOL of all, but that means that even if the median home size hasn't doubled in square foot, per person, the square footage size of a median home has exceeded doubling), then: