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American Dream Argumentative Essay

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In 1937, James Truslow Adams coined the term “American Dream” in his book The Epic of America. Adams stated the “American Dream” was a land of opportunity for everyone. In this utopia, every man and woman is able to reach their highest potential in employment, housing, and family regardless of birth or position, because they worked hard and earned it (“What is The American Dream?”). Ever since 1937, Americans have had this idea in their head of finally achieving the “American Dream” with their spouse, house, white picket fence, 2.5 kids, and movement up the socioeconomic ladder. It is what people whisper at night as they leave their war-torn streets for a better life. Yet in the past few years, that dream has begun to crumble. I believe Millennials are waking up to see that this dream utopia is flawed.
Homeownership is a double-edged sword. It is the “American Dream” to one day own a house. Compared to their predecessors, Millennials are seeing the advantages and disadvantages of homeownership at an earlier age. These early generations believed owning a house was the cherry-on-top to being an all-around American and achieving the “American Dream”. As a cynical generation who grew up with information at our fingertips and the world falling around us, millennials see homeownership differently. “The cautious and conservative approach to home buying displayed by millennials is driven by the fact their outlook on life was shaped by a number of bad things when they were young—the terrorist attack on the World Trade Center in 2001, the 2008 financial crisis, the housing bust with mass foreclosures and a weak recovery that has so far provided incomes below that of prior generations” (Stowe England, 36). We learned that the world was not fair and that it is time to redefine the “American Dream” to reflect our current economic society.
Owning a house comes with various responsibilities, many of which Millennials cannot absolve. Firstly, homeowners set down roots by owning a house. Previous generations knew that once they bought this house they would live there until the end of their days. Millennials do not experience that type of lifestyle, especially in a job market where they might be required to move outside of

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