22min chapter

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Is the American Dream out of Reach for Most People?

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CHAPTER

Redefining the American Dream

This chapter examines American adults' perceptions of the American Dream, particularly in terms of homeownership and financial security amidst rising inflation and stagnant wages. It highlights the shifting values of individuals, their prioritization of personal happiness over traditional milestones, and the challenges of achieving homeownership in urban versus rural settings. By providing a historical perspective and exploring the adaptability required to pursue this dream, the discussion reveals the complexities and trade-offs millennials face in their quest for fulfillment.

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