LogFAQs > #979521624

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TopicMost young Americans now believe American Dream is dead
UnsteadyOwl
03/23/24 12:11:03 PM
#111:


Cuticrusader09 posted...
I mean the houses in the thumbnail are not what the american dream houses were in the 1960s. Houses were small ranches 1000-1400 sq ft. A bath, kitchen, living room and 2-3 bedrooms. New houses now can be three times that size.

Small detached homes (not condos) are just not being built anymore.
The median price per square foot has gone up considerably as well. New houses being so big is part of the reason housing costs have gone up, but not the whole story.

https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEEUS#0

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