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The Growing Tear-Down Market The booming housing market has brought many Americans face to face with something few expected. The land their house sits on is worth more without the house. In some neighborhoods, land prices are so high and the demand for giant new houses so strong, that even newer or refurbished houses are being torn down.

Economy

The Growing Tear-Down Market

Heard on All Things Considered

The Growing Tear-Down Market

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The booming housing market has brought many Americans face to face with something few expected. The land their house sits on is worth more without the house. In some neighborhoods, land prices are so high and the demand for giant new houses so strong, that even newer or refurbished houses are being torn down.