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.
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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