ilmscore | The American Dream Costs $4.4 Million (Here's Why)

The American Dream Costs $4.4 Million (Here's Why)

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Most homeowners are predicted to refinance their mortgages to lower rates once current mortgage rates decrease from approximately 7%.
"while today's mortgage rates are close to 7% I would argue that most homeowners will refinance to lower rates when rates do come down"
Homeownership / Mortgage Rates
Pending
The author estimates the American Dream, based on Investopedia's categories but with his adjusted figures, would cost approximately $3.5 million to $3.6 million.
"in my estimations the American dream based on their categories would cost around $3.5 to $3.6 million"
Cost of American Dream (Author's Estimate)
Pending
The author predicts the cost of the American Dream could be easily brought under $3 million if an individual chooses to have only one child and no pets.
"you may even be able to get it down to easily under $3 million if you only have say one kid and no pets"
Cost of American Dream (Conditional Estimate)
Pending