Many of us of a certain age grew up hearing tales of “the American dream.” A very big part of that dream was the prospect of leaving your parents, striking out on your own, and eventually purchasing your own home. Homeownership could eventually prevent you from paying rent for the rest of your life. It is also the most proven pathway toward generational wealth that can be passed down to your children if you weren’t born into the lap of luxury. Unfortunately, a new poll from CNN finds that for a very large majority of American renters today, this concept is literally little more than “a dream.” Most claim that they can’t afford to buy a house and a majority of that group says they fear that they will never be able to do so. If this is now the “new American normal,” the majority of the country is not satisfied with it.
The dream of homeownership feels out of reach for many American…
