Why Americans Keep Buying McMansions

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Why Americans Keep Buying McMansions For years following the Great Recession, “McMansion” were considered "ugly" or "bad investments," mainly because they were considered unnecessarily large, had way too many amenities and built often with cheap materials. But during the pandemic when Americans sought to move to larger homes in the suburbs, they had a resurgence. In 2025, tariffs and immigration crackdowns will cause an increase on the price of new construction, helping the already built McMansions. But not all of these home are created equal. Chapters: 0:00 Introduction 1:22 Chapter 1. The rise of McMansions 3:34 Chapter 2. The Great Recession 4:55 Chapter 3. A bad investment? Produced Shot and Edited by: Natalie Rice Animation: Jason Reginato, Mallory Brangan Senior Managing Producer: Tala Hadavi Additional Camera: Erin Black Additional Footage: Getty Images, AP Photos, NBC News Additional Sources: Bureau of Labor Statistics, Redfin » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course - How to Change Careers and Be Happier at Work. Pre-register today and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+taxes and fees) through May 13, 2025: Connect with CNBC News Online Get
  2025/04/14      youtube

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