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FROM PAGE 17 something that some people want,” Carlson said. “But I don’t think everybody wants or needs to buy a home.” based on race has been illegal under the Fair Housing Act. Nine years before that federal law was signed, Colorado was the rst state to pass its own fair housing laws, according to the Colorado Housing and Finance Authority. ere are e orts to change the process. According to the Urban In-

Others are holding onto the old idea. Bankrate found that homeownership remains a persistent part of the American dream. Homeownership is the “most-mentioned milestone” for Americans 26 and older, but younger Americans see it as less important. Gen Z, aged 18-25, doesn’t rank it as the top accomplishment like older Americans tend to.

Gen Z member Caitlyn Aldersea, a student at the University of Denver, is representative of the changing attitude.

Although it is illegal, discrimination in housing based on race or color still happens, according to the Department of Justice. e department has led cases related to lending discrimination, including a 2012 Wells Fargo case in which the bank was forced to pay a settlement for its pattern of discrimination against quali ed Black and African American and Hispanic and Latino borrowers.

She remembers as a young child how the Great Recession that began in 2007 a ected her family.

“ e American dream today is much di erent than how my parents thought of it,” Aldersea said. “Today, it’s more based on what can be accomplished. It’s not shooting for the stars anymore.”

Aldersea’s personal de nition of the American dream includes a ful lling career, opportunities to be part of a community that one is able to give back to and the freedom to pursue personal interests. She believes housing should be attainable for everyone, but doesn’t think it de nes success or happiness.

Aldersea doesn’t envision ever becoming a homeowner. One reason is that she wants to be able to relocate as she pursues her career goals. An- stitute, a nonpro t research organization, 89% of all property appraisers and assessors are White while only 2 percent are Black and 5 percent are Hispanic. Addressing the lack of diversity in the profession could improve outcomes for Black and Hispanic communities, the organization said. e Appraiser Diversity Initiative, a program led by mortgage-buying companies Fannie Mae and Freddie Mac and civil rights organization the National Urban League, is teaching new potential appraisers with a diversity of identities in an e ort to close this gap.

Approaching inclusion in real estate from a wider perspective, a program through the Urban Land Institute Colorado works to train other is that she wants to travel and pay o student loans.

“I don’t think my wage or salary will ever help me a ord a house or mortgage,” Aldersea said. “A house would not be the only thing I’d have to focus on nancially.” women and people of color in development. is program, called the Real Estate Diversity Initiative, aims to create urban landscapes that serve diverse communities.

Time will tell whether homeownership will eventually become more important to younger Americans. According to Bankrate, the pull to own a home remains strong. Fifty-nine percent of Gen Z members want to own a home as a life goal, second only to having a successful career (60%).

For other generations, homeownership remains the top life goal and the likelihood of that increases with age. Eighty-seven percent of older adults, aged 68 and up, cite homeownership as integral to the American dream.

“I think trust in community-building is key,” Executive Director Rodney Milton said. “When developers build projects, they need community support because they’re shaping the community. And who better to be equipped to strengthen a community, to build it out, to revitalize it, then the folks who are from that community?”

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