Chart of the Day - The Opposite of Shrinkflation

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Today’s Chart of the Day is from theHUSTLE with data from the US Census Bureau showing that the median square footage of houses in the US has increased 138%, from 1,048 sq-ft in 1920 to 2,491 in 2020.Since 2000, house prices have been quite volatile, and the indexes show that prices are increasing higher than inflation. However, some of this can be attributed to the fact that houses are simply getting larger, thus they cost more. If the trend continues at this rate, the median house could be over 4,000 sq-ft in the year 2080.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.