American Dream of Homeownership Still Very Much Alive:
In a recent post, Trulia examined whether homeownership was again being seen by adults in the US as a “part of their personal American Dream.” Over the last five years:
* The percentage of U.S. adults who believe homeownership is part of their American Dream increased from 70% to 75%
* The percentage of 18-34 Year-olds who believe homeownership is part of their American Dream increased from 65% to 80%
Here is a graph of the survey over the last five years:
Bottom Line
As the housing industry recovers from the crisis of 2008-2010, Americans belief in homeownership as part of their own personal American Dream has also made a strong comeback. http://www.simplifyingthemarket.com/2015/12/30/american-dream-of-homeownership-still-very-much-alive/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage
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