A popular Florida realtor explained how hard it has become for today’s younger generation to live a middle class lifestyle, declaring that the old American dream no longer exists.
Freddie Smith, an Orlando realtor with a popular TikTok account where he posts about the financial struggles of millennials and Generation Z to his 422,000 followers, said young people need a much higher salary than their parents did to live the same lifestyle.
“A lot of us grew up middle class, and we watched what middle class was in the 80s and 90s as millennials. And nowadays, what has moved the goalpost more than anything is the housing market,” Smith told Fox News this week.
Smith explained that younger Americans trying to start their lives are often priced out of the housing market.
“I think most of us in America would define the middle class as somebody who can work a 40-hour-a-week career and…