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Insights on Importance of Home Ownership in the U.S.A., But Wall Street Journal and Others Provide Evidence of the Fading of the American Dream – Facts-Analysis

In a left-leaning NBC News poll, a record-low 19 percent of respondents said they were confident their children’s generation would be better off than their own. “The American Dream is centered around the belief that each individual has the right and freedom to seek prosperity and happiness, regardless of where or under what circumstances they were bornThe roots of the American Dream lie in the goals and aspirations of the first European settlers who came to America seeking religious freedom, economic opportunity, and a better life.” Citing its linked sources, Bing AI also said: “The American Dream is often associated with homeownership, which is considered a crucial part of the American Dream 12Homeownership is seen as a symbol of financial success and independence, and it means the ability to control one’s own dwelling place instead of being subject to the whims of a landlord 3.” With that backdrop, a new Wall Street Journal (WSJ) survey reveals that the American Dream’s attainability now is widely called into question.

The popular, right-leaning Breitbart news site cited the right-leaning “Wall Street Journal asked respondents whether they believe “the American Dream — that if you work hard you’ll get ahead — still holds true.”

“The results show:

  • Just 36 percent said it does hold true vs. 18 percent who said it never held true and 45 percent who said it once held true, but not anymore.
  • Compare that to surveys in 2012 and 2016, when 53 percent and 48 percent respectively said the American dream held true. Those polls were taken by a different pollster, PRRI, with different methodology, but the downward trend is clear.

Breitbart citing the WSJ survey also noted that:

“Women were more pessimistic about the state of the American dream than men, according to the WSJ poll, while younger people were much more pessimistic than those over 65.”

Half of the voters feel life in America has worsened over the past 50 years and believe the political and economic system is stacked against them.

The dramatic loss of the American Dream has accelerated in recent years, says Joe Biden’s primary rival for the White House in 2024, namely, prior President Donald J. Trump. Trump said Biden has “killed” the American Dream. Breitbart posted this CSPAN clip in support of that remark.

 

 

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Manufactured Housing and the America Dream

The Manufactured Housing Association for Regulatory Reform (MHARR) has as its tag line: “Preserving the American Dream of Home Ownership Through Regulatory Reform.” Meaning, MHARR has clearly tied the potential benefits of their efforts as being a direct support that ready access to manufactured homes offers in support of the American Dream. On this date on the Manufactured Housing Institute (MHI) website home page is this phrase: “Expanding Attainable Homeownership.”

But the reality is that all housing is less attainable that it was just a few years ago.  MHProNews unpacked a recent NBC article that noted that sobering reality summed up in five charts.

 

U.S.HousingMarketSummedUpInFiveChartsNBCNewsTeesUpConventionalHousingDataForEasyComparisonsToManufacturedHousingMarketPlusSundayWeeklyMHVilleHeadlinesReviewMHProNews
https://www.manufacturedhomepronews.com/u-s-housing-market-summed-up-in-five-charts-nbc-news-tees-up-conventional-housing-data-for-easy-comparisons-to-manufactured-housing-market-plus-sunday-weekly-mhville-head/

 

Using the latest data collected by IBTS for the U.S Department of Housing and Urban Development (HUD) and MHARR, MHProNews unpacked the latest data and claims made by MHI.

 

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MHProNews recently reported on the role that numbers of billionaires are having on the American Dream. 

 

https://www.manufacturedhomepronews.com/billionaire-class-robbery-capitalism-how-marxism-serves-billionaires-sinking-into-quagmire-of-national-poverty-while-billionaire-class-takes-it-all-middle-cla/

 

 MHLivingNews has periodically reported on related items, like the report linked below.

 

RippingOffAmericanDreamFeudalismRisingWarrenBuffettBillGatesGeorgeSorosJeffBezosMarkZuckerbergPhotosBillionairesRiggedSystemMHLivingNews
https://www.manufacturedhomelivingnews.com/ripping-off-the-american-dream-feudalism-rising-warren-buffett-bill-gates-george-soros-other-billionaires-and-rigged-system/

 

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Potemkin Village

“Potemkin village, in its original meaning, any of a number of fake villages designed to impress the Russian empress Catherine the Great. The term [Potemkin village] has also come to be used to describe an elaborate facade designed to hide an undesirable reality,” explains Brittanica. 

Manufactured housing ought to be soaring during this affordable housing crisis. Good federal laws passed with widely bipartisan support signed into law by both a Democrat and a Republican are reasons why manufactured housing access and affordability ought to be at a peak. But that is not the case.

To better understand these issues, MHLivingNews has organized a collection of research and documentaries.  See the reports linked below. For newcomers looking for more insights on manufactured homes, see the video interview with the realtor further below. ##

 

“Must See” Movie-Length Documentaries per Artificial Intelligence, the U.S. Affordable Housing Crisis, and the Predicament of the 21st Century Manufactured Housing Industry – Videos, Facts, and Analysis

Double-Digit 2023 Manufactured Home Production Slide Continues, per National Manufactured Housing Association-More New Manufactured Home Living Facts

Were Abe Lincoln and Frank Rolfe Correct? Federal Agency to Present Speaker’s Insights on Why Affordable Housing and Manufactured Homes Struggle During Affordable Housing Crisis

October 2023 Ultimate Manufactured Housing and Mobile Home/Manufactured Home Research – Trends, Statistics, Expert Views, Fact Checks, and Insights

Research by 4 Attorneys & 2 Analysts-Manufactured Home Industry and Manufactured Housing Institute Performance Spotlight, plus the Quisling Factor

AmericanPressinstitute

 

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That’s a wrap on this installment of “News through the lens of manufactured homes and factory-built housing” © where “We Provide, You Decide.” © ### (Affordable housing, manufactured homes, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
How quickly they grow! Our son is about the same height as dad now. On that occasion recalled by this photo, all on Capitol Hill were welcoming and interested in the discussion of manufactured housing-related issues in our 12.3.2019 meetings. But Texas Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. MHLivingNews and MHProNews has worked with people and politicos across the left-right divide.

By L.A. “Tony” Kovach – for MHLivingNews.com.

Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.

http://latonykovach.com

Connect on LinkedIn: http://www.linkedin.com/in/latonykovach

Recent and Related Reports:

The text/image boxes below are linked to other reports, which can be accessed by clicking on them.

 

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