The Elusive American Dream: When Homeownership Became a Luxury Affair The idea of owning a home has long been synonymous with the quintessential American Dream.
However, beneath the surface lies a complex web of affordability and availability issues that have transformed what was once a staple of middle class aspirations into an unattainable luxury for many.
A recent report from the White House paints a stark picture: 10 million additional homes are needed to meet demand, with the average price of new home sales having skyrocketed by over 30% in just five years.