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Chicken Little is Wrong: Homeownership Still the American Dream

November 4, 2013 9:39 am

Chicken LittleAfter the harrowing challenges experienced by so many homeowners over the last few years, many housing experts had predicted that the belief in homeownership as a major element of the American Dream would soon die. There is now conclusive evidence that these experts were wrong. As we reported back in September, The Joint Center of Housing Studies at Harvard University completed a study which concluded: “The long term cultural preference for owning seems to have weathered the recent housing crisis.”