Wall Street's next big bet could revolutionize homeownership

Tech Insider : Economy
Photo illustration of a mailbox with the wall street bull.
American homeowners saw the value of their houses boom over the past few years — and big Wall Street investors want in on the action.

PM Images/Getty Images; Jenny Chang-Rodriguez/BI

It was shortly before Christmas 2021 when Kennis Schummer received a letter that changed his life.

Meet the DIPS parents: Double Income, Public School. They've got it better than the POLKs, or Parents of Little Kids.

Tech Insider : Economy
black and white photo of children at school desks in the 1940s
Children attending free public school, much to the delight of their parents' wallets.

Archive Photos

It might be the year to upgrade your home's heating and cooling system and get a big discount

Tech Insider : Economy
An electric heat home installed on the side of a brick house.
Electric heat pumps are energy efficient and don't burn fossil fuels.

Nancy Pauwels/Getty Images.

24-year-olds are more likely to own homes than millennials and Gen X when they were that age

Tech Insider
A family shopping for a home with a Realtor.
They might not care as much about the milestone, but most adult Gen Zers are out-pacing older generations in homeownership, according to Redfin.

Thomas Barwick/Getty Images

Meet the typical mover to Florida: Millennials and Gen Xers making $55,000 coming from New York and California

Tech Insider : Economy
Miami housing market

virsuziglis/Getty Images

A Gen Xer got $30,000 to build an extra apartment in her backyard. Renting it out makes paying her bills 'financially possible.'

Tech Insider
montpelier vermont

Sean Pavone/Shutterstock

Selling your home without a real-estate agent comes with a lot of grunt work, but could save you thousands. Here's how one owner did it.

Tech Insider
Derrick Chou and his Manhattan apartment.
Derrick Chou and his Manhattan apartment.

Courtesy of Derrick Chou.

The rise of the McMansion: 11 charts show just how much bigger and fancier American houses have gotten since the 1970s

Tech Insider : Economy
An overview of a neighborhood with a modern home.
New homes are larger and fancier than ever before.

MattGush/Getty Images

It's not just about 'location, location, location' anymore - housing market priorities have shifted

Tech Insider : Economy
An aerial view of the suburbs in Las Vegas, Nevada
Corporate landlords are betting that they'll be able to get better deals later this year when prices fall.

Angel Jiménez de Luis/Getty Images

A real estate agent was fined $15,000 for drinking milk out of a carton from a seller's fridge

Tech Insider
A man holding a gallon of milk.
A stock image shows a man taking a gallon of milk out of a fridge.

Getty Images

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