The American Dream of Home Ownership

Because individuals have unlimited possibilities, the United States is considered a place of opportunity. On this occasion, Americans strive to obtain the idea of ​​being called the American dream. The American dream is regarded as an achievement of ambition to face adversity. 1 Americans often associate this success with family ownership. Families are not only basic protection places but also have deeper connections with individuals. The ownership of the house gives freedom and security, giving individuals perseverance.

America 's dream about homeowners did not resonate very much before the 1980' s. British Prime Minister Margaret Thatcher in the 1980s worked hard to build a similar dream by selling public housing to apartment tenants. Her conservatives are demanding more home ownership. The laws to help those who buy them for the first time are cheaper. Customers who are called are Thatcher's attitude toward American dreams. Cavaliers and McCabe believe that "reflection and intensification of American dreams is always a focused expression of the individualism and the" company "culture that Margaret Thatcher praised.

House ownership. Having a family was always an important part of American dreams. Table 15 reports the immigration and home ownership of local households and some of these household characteristics 35. There is a huge difference in housing ownership between immigrants and local residents. Overall, Table 15 shows that 52.6% of immigrant families are private families and 67.5% of household heads. The ownership of the house seems like a clear sign of the middle class, but Table 15 shows that this is not always the case for immigrant families.