The American Dream symbolizes hard work, assimilation, and equal opportunity, yet rising housing costs and debt make homeownership less attainable for today's youth.
As of June 2023, nearly one in ten homes were valued at $1 million or more, doubling since June 2019, reflecting steep housing price increases.
In a 2023 report, the median age for first-time home buyers is 35, up from 29 in 1981, signaling a shift in homeownership trends.
Millennials and Gen Z are re-evaluating the American dream, now prioritizing community and alternative wealth growth instead of traditional homeownership.
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