"I think it was a slogan created by banks to create interest income on home loans,"
"It's like student debt. Everyone needs to go to college. It was a device to create interest payments on student debt."
Some assert that the 'American Dream' slogan was promoted by banks to generate mortgage interest income, analogous to how college attendance fueled student debt. Historical U.S. mortgage policy and housing demand created broader forces supporting homeownership. A real estate brokerage launched in 2020 as 'Brokerage 3.0' emphasizes AI tools and education through SellIt.com and reached $1 billion in sales within 35 days by early 2025, including a $200 million deal closed mid-flight. Home prices have risen over 40% since the pandemic, mortgage rates remain near 6%, and the average age of first-time buyers reached a record 40 in 2025.
Read at Fortune
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