5 Reasons to Think Twice Before Buying a Bigger Home
Homes today are much bigger than they were just a few decades ago. In 2015, the average size of a home hit an all-time high, and the median size of a new home also hit a new record. The average home size in 2015 reached 2,687 square feet, compared with an average of 1,660 square feet in 1973 -- even as the number of people living in each household has declined.
When you're buying your own home, it's up to you to decide if you want to buy into the bigger-is-better trend or embrace a growing movement toward more sustainable and smaller housing. If you're considering the big house, though, you may want to think twice. Here are five big reasons why.
Source: Fool.com