For many millennials today, the American dream has changed. Millennials are no longer looking at home ownership as the new American dream, and this generation’s changing desires are affecting how younger people live, work, and consume in the free market.
For every 100 mortgages being sold in the United States these days, at least 95 of them have government backing. We’re told America has a free-market economy? Not judging by the government’s involvement in housing, arguably the most important market there is. Most people can go years without needing health care. A healthy adult can go weeks without food. We cannot go one day without needing shelter.