American Dream of Home ownership Still Very Much Alive

American-Dream-Alive-KCM

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:

American-Dream-KCM1

Bottom Line

As the housing industry recovers from the crisis of 2008-2010, Americans belief in home ownership as part of their own personal American Dream has also made a strong comeback.

 

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