From Pine View Farm

This New Gilded Age 0

VIa Boston.com, we learn that the kids are starting to feel that the American dream of the possibility of upward mobility through hard work is but a memory. A snippet:

For Americans, the price of participation is often measured by the cost of a home. And even with two incomes, many people interviewed said homeownership felt ever more distant, particularly in urban areas where most Americans now live.

In 1991, the typical first-time homebuyer was 28 years old. This year, that buyer was 40, according to the National Association of Realtors.

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