For Tens of Millions of Americans, the Good Times Are Right Now

The New York Times (NYT) (05/10/2022)
  • While declining stock markets and rising inflation have grabbed recent headlines, 83 million Americans have silently benefitted from an unprecedented increase in home values.
  • US home price appreciation over the last six (6) years is more than the total value of all US homes in 2000.
  • Untapped home equity available to homeowners reached $10 trillion in 2021, double the 2006 housing bubble peak.
  • Housing appreciation is a major driver behind rising job resignations and early retirements.