The American Dream is TOTALLY Dead and they did it on purpose | Morris Invest

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The American Dream is totally dead.
The Federal Reserve Bank of New York recently released its 2024 Survey of Consumer Expectations Housing Survey, and let me tell you, it paints a depressing picture of the future of homeownership in America.
At one point in time, the American Dream was synonymous with homeownership. Today, there are many, many hurdles that are holding Americans back from homeownership – including the affordable housing crisis, housing prices, interest rates, inflation, and so much more…
The survey emphasizes Americans’ growing anxiety over rising housing prices, especially among renters who are losing their grip of aspirations for future homeownership. They’re just watching the American Dream being flushed down the toilet… In fact, renters’ confidence in the ability to ever buy a home was reported at a record low of 40.1%. I mean, just think about that.. less than half of Americans believe they’ll EVER be able to buy a home?
The prospect of buying a home has shifted from a probability to a pipe dream for many Americans. Today, many people are experiencing serious financial hardships, with no end in sight. We know that credit card debt is at an all-time high, most Americans have little to no savings, and inflation has changed every aspect of how people live.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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[magoo]

Me and my brother just inherited an apartment complex. With all the new tax laws and other laws we can't afford to keep the property. Thanks Gavin Newsom!!!

[JorgiHutse]

Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in tech or stocks, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognise its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world's governments are building for us. And Bitcoin is the ultimate defence against a tyrannical been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[charliesinnott]

"cashed out" of the bay area and moved to a town with no stoplights in late 2018. Dream house, car, life all debt free. Truly the only way to still dream from what I can tell. Thank gosh I saw writing on the wall starting in 2016....

[RetroClubXYZ]

You can blame the WEF weirdos for this.

[kouri]

My Daughter and her Husband in there 30, s are saving to buy and RV. They can not afford an apartment, or be home buyers. They are currently living in my basement.

[sentcoins]

The current situation ~
Bradford Pa, home of Zippo & Case knives ~
Many people are being evicted due to the landlords refusing to renew their leases.
Most are slumlords.
Now, they know business owners and their pay rates.
Ironically, you must earn more than anyone pays in this town to rent anywhere.
You must make triple the amount of the high rent price for a dilapidated apartment that will never pass code.

Talking about codes, the slumlords avoid that by renting out to young adults that dont know the place is noninhabital.
Family friends with the slumlords.

This city spent the last 4 years building a homeless shelter, yet it has not opened its doors. 😂
Its built & ready to go.


7 years ago I was told about the upcoming homeless epidemic.
I was told it was coming in 5 years.
It was right on point.

This was all planned by the wicked ones that claim they are in charge.

[tomsawyer]

The United States of Mystery Babylon is in trouble

[philippusgouws]

You are lucky you have dreams on my side of the world America killed our dreams

[josefj]

Why do rental real estate when the fees and costs eat 80-90% of your money?

[FrankGallagherr]

Whose life was better 5 years ago under Trumps.?

[FashionNFood]

My daughter is almost 30 and has a 3 yr old. She has a job and has to has side hustles to be able to have enough money for the both of them. To be able to eat, live and have utilities, and clothes and childcare.

[shaneclinger]

It's dead until the Lord comes back!😊

[emanuelperez]

So many humans doing so much talking on every platform we get it life isn’t the same anymore how about instead of talking about the same 💩 let’s put out content that will help people not make them feel like 💩 for living in a nightmare. Morris switch it up for once

[paulrichards]

In a News report recently in Sydney Australia, they estimated for someone to be able to buy an average home, they would need to be earning US$160, 000 a year. Out of the question for nearly all. In the 50s and 60s it was normal for a family to own their own home.

[PK-cjpg]

I wonder how many were ruined by the famous saying by Gordon Gekko "Greed is good"!

[formulasaltythunder]

I would like to see Biden/Harris go on the Dave Ramsey show and talk about their spending. If I spent like them my family would be living in a tent.

[TheBarefootDrummer]

Food for thought: If you don't pay those property taxes the govmnt will take it from you, so do you really own it?

Personally, I prefer commodities without continuous taxes just for holding it.

[whisperingsquid]

If I had enough money at one time to have a situation. Haaaa one can dream.

[SubtleReed]

Have you seen the price of a toilet lately?

[minko]

These videos start to get annoying... I mean 50% of this video (duration) is self advertising at this point.
I get it if you want to put some advertising in the videos, but when the advertising becomes the majority of the videos, it's getting boring/annoying really fast... I cant tell how many times I've heard it by now.