Economic Challenges Facing the American Dream

A recent Wall Street Journal survey reveals that the American dream of homeownership feels out of reach for most respondents, despite 89% considering it important. Only 10% of participants believe homeownership is realistic, and a mere 9% feel financially secure given current rising costs of living. Economists attribute these sentiments to escalating energy, food, and housing prices, demonstrating a stark contrast between ambitions and realities for many Americans. This survey underscores the growing disconnection between the perceived value of the American dream and the ability to achieve it.