For many Americans, their house is not just a place to live, but rather a status symbol of wealth. The average home in the United States costs around 152,000 dollars as compared to 8,450 dollars in 1950. This increase isn’t just due to inflation. The size of homes has more than doubled, which means increased spending on furniture, appliances, and utilities.
Besides size and spending, a lot else has changed over the years. Obesity rates soar, sleep deprivation is common, and most families eat out at least four times per week. Check out this infographic from homeinsurance.com to learn more about the American McMansion and how it can actually be hurting you rather than helping.
Courtesy of: HomeInsurance.com