Joe Biden’s regime has been so bad for America that more Americans than ever can no longer afford to partake in the American dream of owning a home.
A new poll finds that ten percent say that the American dream of owning a home is out of reach for them and will probably never happen for them.
Per the Center Square:
According to a Wall Street Journal/NORC poll of 1,502 U.S. adults, the sentiment was consistent across gender and party lines, with young Americans expressing the greatest despair, saying they’ve “been priced out of homeownership.”
“While 89% of respondents said owning a home is either essential or important to their vision of the future, only 10% said homeownership is easy or somewhat easy to achieve,” the Journal reported. “Financial security and a comfortable retirement were similarly labeled as essential or important by 96% and 95% of people, respectively, but rated as easy or somewhat easy to pull off by only 9% and 8%.”
Twelve years ago, in a different survey, more than half of 2,500 polled said the American dream of homeownership “still holds true.” That is no longer the case, the Journal notes.
It also points to a study published by Massachusetts Institute of Technology, that found that 90% of Americans born in 1940 “were ultimately better off than their parents” but only roughly 50% “of those born in the 1980s were able to say the same.”
In this Biden era, Americans now need 80 percent more income to buy a home than then did during the Trump years.
Biden is destroying the middle class and killing the American dream.
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