21 min
Is home ownership the wrong dream for America? Impromptu
-
- News Commentary
The house, the yard and the picket fence have long been part of the American Dream. Owning a home is lauded as a way to grow your wealth and pass it down to future generations. But high demand and short supply, coupled with today’s soaring interest rates, have made home ownership out of reach for many Americans. We talk about the cultural and financial forces at work and the generational shift in thinking about whether buying a house is the best place to put your money.
The house, the yard and the picket fence have long been part of the American Dream. Owning a home is lauded as a way to grow your wealth and pass it down to future generations. But high demand and short supply, coupled with today’s soaring interest rates, have made home ownership out of reach for many Americans. We talk about the cultural and financial forces at work and the generational shift in thinking about whether buying a house is the best place to put your money.
21 min