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American Dream Dwindles: 70% of Residents Pessimistic

9/5/2025

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Story summary
  • A CNN analysis shows 70% of U.S. residents are pessimistic about the American dream, up from 51% in 2010.
  • Belief in the American dream has decreased from 47% to 29% over 15 years, especially among 18-29 year-olds.
  • Only 25% of Americans expect to improve their standard of living, the lowest since 1987.
  • Housing affordability has worsened, with home prices nearly five times the average income.
  • Confidence in homeownership among young Americans is at 54%, despite 74% valuing it.