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Home Ownership, The American Dream?
Is home ownership still the American dream?
Does the public still consider home ownership to be part of the American dream...The home ownership dream is still alive according to several surveys...Great post from Melissa Dittmann Tracey in the RealtorMag from May discussing homeownership...
In the aftermath of the housing crisis, some analysts are questioning whether the public still considers home ownership to be part of the American dream.
But the home ownership dream is still alive, according to several recent surveys. For example, a recently released survey by Woodrow Wilson Center found that the majority of Americans rated the importance of home ownership on a personal level at 10 out of 10.
“I think for many people, [housing] is a fundamental piece of the American dream, the ability to even think about owning one’s own home,” says Michael Martin, a host with NPR. “And for most people [it’s] not owning only one home [but] owning a better home.”
NPR has kicked off a series on home ownership and the American dream, and in its recently first segment that aired in the series experts talked about whether the dream of home ownership is still a dream.
The foreclosure crisis and plummeting home ... more

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