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We charted America’s homeownership problem. This video is presented by Secret Deodorant. Secret doesn’t have a say in our editorial decisions, but they make videos like this possible. Subscribe to our channel! goo.gl/0bsAjO Homeownership in the US is basically synonymous with the idea of the American Dream. Owning your own home, the story goes, confers both self-determination and security — instead of paying a landlord, you own a growing asset that will form the base of your wealth. Homeownership is ingrained in US society; the majority of American adults are homeowners. But somewhere along the line, something changed. Homeownership has been way less accessible to millennials and gen Z than it was to their parents, in part because of dwindling housing supply. But even within that generational disparity, 2023 was a uniquely bad year to try to become a new homeowner. Watch the video above to see exactly how bad, and why. Sources and further reading: The US Federal Reserve’s ...

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