The government works much harder to help rich people make money off their homes than to help poor people find shelter. The tragedy of the American Dream is that it made the most sense when it was least understood. In the decades following World War II, the United States experienced a housing boom with few parallels in history. The homeownership rate increased from 43.6% in 1940 to 61.9% in 1960—only about 3% below where it sat in 2020. Read Full Story
The government works much harder to help rich people make money off their homes than to help poor people find shelter. The tragedy of the American Dream is that it made the most sense when it was least understood. In the decades following World War II, the United States experienced a housing boom with few parallels in history. The homeownership rate increased from 43.6% in 1940 to 61.9% in 1960—only about 3% below where it sat in 2020. Read Full Story
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