A Nobel-Prize winning economist and Yale professor explains why buying a big house is a waste of money
- Big houses are a big waste of money, Nobel Prize-winning economist and Yale University professor Robert Shiller told the Wall Street Journal.
- The ubiquity of technology has replaced our need for big, sprawling houses, Shiller said. Plus, buying a home in general isn't a great investment.
- Despite this, many people view a large home as a sign of success.
- Regardless of income, living on less than you can afford is one of the best ways to increase your chances of building long-term wealth. Читать дальше...