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Newsweek (Online):
Big houses in the U.S. are back (and there's a growing housing bubble)

5 July 2017

Construction of McMansions has also increased but people who have smaller homes near where McMansions are built are much, much unhappier with their homes, according to a paper published in the spring by researcher Clement Bellet at the London School of Economics Centre for Economic Performance. As more McMansions are built, their presence pushes other Americans to build bigger and go further into debt.

Related publications

Superstar houses and the American mortgage frenzy, Clement Bellet. Article in CentrePiece Volume 22, Issue 1, Spring 2017

Read more... Newsweek (Online)