Here’s Why You’re Lucky You Don’t Own a McMansion

McMansions might be one of the most ostentatious signs of wealth a person can buy, but they don't necessarily show financial smarts. In fact, data shows that McMansions are actually horrible investments.

Real estate site Trulia.com found that McMansion resale values are in the gutter, with price premiums dropping more than 80% in some parts of the country.