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That Instagram Dream Home Will Have to Wait


Three years into the pandemic, America’s better-home obsession is fading fast.

The thirst for $13,000 leather couches, $1,200 coffee tables and $100 lamps that led to a boom for Williams-Sonoma Inc. and R-H Inc. and resurrected the fortunes of Wayfair Inc. looks solidly in the past. Inflation is driving people to buy less of the nice-to-have home purchases and more of the need-to-have. For anyone riding high on the home investing boom, that bubble has burst.

Look no further than Thursday’s bleak retail numbers. November retail sales fell by the most in nearly a year,

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