09/01/2026
🏡 Millennials didn't kill the American Dream. The math did.
📈 In the 1980s, the typical home cost about 2–3x the median household income.
Today, it's closer to 5x.
🏠 With homes selling for around $400,000–$420,000 and median household income near $80,000, buying a home has become far more difficult than it was for previous generations.
It's not just one problem.
🎓 Student debt.
📉 Entering the workforce during the Great Recession.
🚧 Years of underbuilding that created a housing shortage.
📈 Mortgage rates jumping from around 3% to nearly 7% just as many millennials were ready to buy.
This isn't about avocado toast or budgeting.
It's about a housing market that changed faster than wages could keep up.
🏡 Homeownership shouldn't depend on family wealth or luck. It should be possible for people who work hard and save.
Read the full article at FFLW.org.