SEPTEMBER 9, 2024
The American Dream
Without a House? Believe It
“The American dream symbolizes many abstract ideals: hard work, assimilation, equal opportunity. But for generations it has meant one particular path in life: Get a job, save up for a down payment, and achieve the fairy-tale ending of domestic bliss and monthly mortgage payments.
Now, though, with soaring housing costs — along with student loan debt and inflation — homeownership is becoming increasingly inaccessible for young Americans.“