Homeownership, once a cornerstone of the American Dream, has taken a big hit in public esteem, according to a recent Miller Center/Washington Post poll.
In the past three decades, the number saying owning a home is “very much” how they define the dream has fallen to 61 percent, down from 78 percent in a 1986 Wall Street Journal poll. That year, owning a home was as emblematic of the American Dream as being free to live any way one chooses.
Among renters, only 52% said home ownership is a big part of the American Dream in 2013, down from 75% in 1986. Read the full article here.