Technology has become integrated into our homes with devices such as networked doorbells, smart thermostats, and wireless light bulbs.
House prices impact jobs at startups
Gains in home prices help create jobs at startup companies, according to a Reuters report, citing a correlation between jobs at startups and declining house prices. The equity required to start a business is often higher than the home equity loans homeowners can receive if they purchase a lower-priced home. As home price gains begin to level off, this may slow the creation of new businesses.