A Look at the Suburbs

una ordable nature of housing, according to a few surveys, including one by Bankrate last year. It found that two-thirds of respondents cite a ordability as a major hurdle to homeownership. eir pinch points included everything from salaries that didn’t keep up to a lack of ability to save for down payments to high mortgage rates.

‘The American dream has decreased in relevance’

James Truslow Adams, a writer and historian, is credited with coining the term “the American dream” in 1931 — early in the Great Depression — in his book, “ e Epic of America.”

“ e American Dream is that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement,” Adams wrote. “It is not a dream of motor cars and high wages merely, but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of which they are innately capable, and be recognized by others for what they are, regardless of the fortuitous circumstances of birth or position.”

Carlson re ects on all of that. She said that people began to conceptualize how to get their American dream — go to college, get a good job and buy a home — in the post-World War II era.

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