The American Dream Is Dead

[Michael Carbonare]

𝐓𝐡𝐞 𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧 𝐃𝐫𝐞𝐚𝐦 𝐈𝐬 𝐃𝐞𝐚𝐝

For decades Americans were told to do two things:  
Go to college
Buy a house
Both were supposed to build wealth.

Now, many people see both as massive debt traps.
Student loan balances are exploding.
Mortgage payments are at record highs relative to income.

So younger Americans are responding rationally:
They’re delaying both.
That’s not a small cultural change.
It’s a structural demand shift for housing.
And housing cycles always follow demand.