Renters pursue the American Dream of homeownership

 · While it has no official definition, the American Dream has always been the notion that citizens of the United States can better their lot in life through hard work. A decade after the housing market crashed, the homeownership part of the American Dream has become more elusive, according to a new study from Pew Research Center.

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Hearth just released their 2017 State of the American Dream report which showed that Americans still see homeownership as an integral piece of the American Dream. The report confirmed that "all generations-including millennials-agree homeownership is very important to achieving the American Dream."

The homeownership rate for young adults whose parents were renters is 14.4%, while the homeownership rate for young adults whose parents were homeowners is 31.7%, the study finds.

Two-thirds of millennial renters view homeownership as important to the american dream. millennials are 29 percent more. Naturally, we’re starting to worry about their home ownership prospects too. A survey conducted by the-you guessed it-apartment rental agency revealed that 78 percent of millennial renters in.