Synthesis Essay: The American Dream

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The "American Dream" is often traced back to the 1931 book The Epic of America by historian James Truslow Adams. In this work, Adams described the American Dream as "that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement." Adams envisioned the American Dream as a unifying national aspiration, one that promised prosperity, social mobility, and the opportunity to improve one's circumstances regardless of one's starting point in life. Adams' articulation of this ideal resonated profoundly, as it spoke to the values of hard work, self-determination, and the promise of a better future that had long been central to the American ethos. Though the specific definition and societal markers of the American Dream …show more content…

While the costs of housing have not directly affected me, my parents continue to rent because of these high costs. The average earnings of Americans compared to the average costs of homes means a home is unlikely. For me, I don't see a way for my generation to earn the American dream of home ownership after college. Home prices, taxes, insurance costs, and interest rates will create a headwind that earnings will not support. However, there are a few potential avenues that may allow my generation to join in the American Dream. One option, beyond the traditional single-family home, is alternative housing types. Condominiums, townhomes, and multi-unit buildings can often provide a more budget-friendly entry point into homeownership. While these properties may have some trade-offs in terms of space or privacy, the reduced costs can make them a viable choice for many first-time or low-to-moderate income buyers. While these options may be an option, for most entry buyers, these are still too costly. Community land trusts and housing cooperatives are gaining traction in some

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