Morning Wire Shift in Americans’ Values & Split Housing Markets | 4.1.23
Apr 1, 2023
A recent poll reveals troubling increases in depression and anxiety among Americans, alongside a shift in values with a growing focus on materialism. Experts discuss generational divides in patriotism and faith, suggesting these core values are being overshadowed. Meanwhile, the housing market presents a tale of two coasts: soaring prices in the East versus declines in the West, compounded by California's new mansion tax. Plus, health risks from overusing chemical disinfectants are examined, advocating for healthier cleaning alternatives.
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Shifting Values
- American values have shifted dramatically, with patriotism and religion declining sharply.
- These core values dropped significantly, especially after 2019, impacting overall happiness.
Declining Value of Children
- The importance of having children has drastically decreased among Americans.
- Only 30% now consider having children very important, a significant drop from 59% in 1998.
East vs. West Housing Markets
- The US housing market is experiencing a geographical divide, with falling prices in the West and rising prices in the East.
- This unprecedented disparity is largely attributed to remote work trends and job market shifts.