The American Dream

Does being American mean that you’re an American citizen, or does it mean that you have the same rights and decisions as someone who is a successful American citizen? These decisions include choices you make in order to better yourself in life, whether it has to do with your choice in career, or what you want to do in life. Making decisions, and having choices comes with freedom, as a person, and that reflects on being an American everywhere in the world, even though you’ve never been in America. To be an American means that you have the freedom, and rights to do what you want, be who you are, and be/ become who you want. This right of having the freedom to do what you want, can be elaborated by someone’s life chances.

The "American Dream" is an idea that has always been different throughouttime. It changes in diverse forms and in the end involves success. The "American Dream" was a phrase used by the American people and peoplewanting to become American. It was always the idea that you can become a success. This is true in a partial way, but the true "American Dream" is that with somework and determination anyone can build themselves up in the economic classsystem.

The housing crisis of the late 2000s rocked the economy and changed the landscape of the real estate business for years to come. Decades of people purchasing houses unfordable houses and properties with lenient loans policies led to a collective housing bubble. When the banking system faltered and the economy wilted, interest rates were raised, mortgages increased, and people lost their jobs amidst the chaos. This all culminated in tens of thousands of American losing their houses to foreclosures and short sales, as they could no longer afford the mortgage payments on their homes. The United States entered a recession and homeownership no longer appeared to be a feasible goal as many questioned whether the country could continue to support a middle-class. Former home owners became renters and in some cases homeless as the American Dream was delayed with no foreseeable return. While the future of the economy looked bleak, conditions gradually improved. American citizens regained their jobs, the United States government bailed out the banking industry, and regulations were put in place to deter such events as the mortgage crash from ever taking place again. The path to homeowner ship has been forever altered, as loans in general are now more difficult to acquire and can be accompanied by a substantial down payment.

"The American Dream is that any man or woman, despite of his or her background, can change their circumstances and rise as high as they are willing to work” (Fabrizio Moreira). For many years, men and women struggled to achieve the idealistic life of living on independent terms. Many characters in Of Mice and Men work in order to pursue and achieve the American Dream that consisted of having their own house and income. Characters in the book may use that dream to help the overcome their life struggles and personal problems. Of Mice and Men tells the story of two friends, George and Lennie, who find themselves on a ranch in pursuit of their dreams. Unfortunately for them, circumstances beyond their control cost Lennie and George their dream and much more. In Of Mice and Men by John Steinbeck, Steinbeck portrays how dreams create a false sense of hope in order to cover up the realities of life through George, Curley’s wife, and Candy.

The "American Dream" is marked as unattainable in John Steinbeck's novella Of Mice and Men. This is mostly shown in the case of George, Lennie, Candy, Crooks, and Curley's wife. These characters all have admitted to thinking about the "American dream" concept, and the freedom to pursue happiness and their dreams.

     The real estate industry is thriving with approximately sixty-eight percent of all Americans being homeowners. With low interest rates, 1st time home buyer down payment assistance programs, and government funded educational opportunities (i.e. the Home Ownership Center of Greater Cincinnati), the real estate and mortgage lending industries will continue to flourish. However, there are some unethical lending practices that are threatening the housing industry as a whole.

In 2008 the real estate market crashed because of the Graham-Leach-Bliley Act and Commodities Futures Modernization Act, which led to shady mortgage lending or “liar loans” (Hartman). The loans primarily approved for lower income and middle class borrowers with little income or no job income verification, which lead to many buyers purchasing homes they could not afford because everyone wants a piece of the American dream; homeownership. Because of “reckless lending to lower- and middle-income borrowers who could not afford to repay their loans many of the home buyers lost everything when the market collapsed” (Tankersley 3). Homeowners often continued to live in their houses for months or years without paying any

If you were to ask anyone about what they thought was “the American dream” most of them would say something along the lines of a movie themed in the 50’s. A nuclear family, living in a house with red shutters and a blue door, the house is an astounding off white, there is a white picket fence around the house and the grass is cut to perfection. The family stands outside on their lawn playing tag with the family golden retriever, drinking lemonade or an ice-cold tea and the father is grilling something while laughter fills the air. If the American dream was this cookie cutter life everything would be much simpler. Instead the American dream is a social construction. Everyone has learned to believe this American dream and instead of refuting it, we play along. In recent years, we have seen that this version of the dream has changed from the cookie cutter life to just a life of equality. In an idealistic world, we would get to have both but we live in imperfection. While the dream of the house has carried over some, it is just not realistic in this time and that is why it is slowly dying out with the millennial age and morphing into a new being. Millennials would like to own a home, but with the economic standpoint of limited jobs to those without education and education being extremely overpriced, it is an impossible dream. The workplace has started to make It that only people with masters or bachelor’s degrees can get good paying jobs, otherwise you’re getting $12.00 an hour.

The real estate industry is thriving with approximately sixty-eight percent of all Americans being homeowners. With low interest rates, 1st time home buyer down payment assistance programs, and government funded educational opportunities (i.e. the Home Ownership Center of Greater Cincinnati), the real estate and mortgage lending industries will continue to flourish. However, there are some unethical lending practices that are threatening the housing industry as a whole.

Following the Reconstruction Era, from 1877 to 1920, the United States of America was undergoing industrial, political and social change. The United States industrialized, with sweeping technological developments bringing the country into the “modern era”. During this time, the country faced many challenges due to its “Open Door Policy” that led to the largest influx of immigration the country had ever seen. Also, African-Americans struggled to attain the freedoms brought about by the passage of new laws and amendments and Native Americans faced relocation to reservations. Ultimately during this Gilded Age, the poor grew poorer and faced a life of hardship and drudgery while the rich grew richer and seemingly lived an easier life. As a result, the “American Dream” was unattainable for most. At the heart of the American Dream is the idea that all citizens are born with equal rights to life, liberty and the pursuit of happiness and that all citizens can feel secure in knowing the government, of the people, will work together to protect these rights and secure justice. None of these values were upheld for the citizens of the United States from 1877-1920. African-American citizens were deprived of their human and democratic rights. Furthermore, justice for African Americans was non existent as southern states devised loopholes to keep them serving a life of servitude. Native Americans were deprived of their human rights and security because the government prioritized

“Growing income inequality in the United States stemming from unequal access to quality education led to political pressure for more housing credit. This pressure created a serious fault line that led to distorted lending in the financial sector.” (Rajan,2010, P.54)

Throughout the vast country that is the United States, many people, unique as they are, have one common goal and want that is the same. For lots of those individuals, that goal is just to get around the immense amount of challenges that one day brings upon them. For many, they will do whatever it takes to provide financially for themselves and or their family, in an attempt to build supportable and desirable lives. This concept is known as the American Dream. In Barbara Ehrenreich’s, Nickled and Dimed and John Steinbeck’s Of Mice and Men, the American Dream is an everlasting concept that is perceived differently by both of the book’s main characters. Although these two pieces of writing were written in different eras, the characters

The American Dream is the idea of the United States having an endless opportunity for anyone, regardless of their past, race, beliefs, and their economic life now. In the novel Of Mice and Men written by John Steinbeck, each character was driven to something that they enjoyed or wanted; something they had to work hard for and strive to have it. In the book, many of these objectives were connected to achieve The American Dream. Lennie and George's American Dream is to pursue their ideal life by owning their own ranch, Candy’s dream is to help Lennie and George buy their ranch and become apart of their little group, and Curley’s wife was dedicated to become an actress and live the “big life” in Hollywood. In conclusion, Lennie and George

Establish Credibility: According to US News, the great American dream of owning a home appears poised for a comeback. Real estate company Trulia reports that in many parts of the country, rents are rising while housing prices are falling, making buying a home more affordable. Trulia found that in 98 out of 100 major metropolitan areas, including Detroit, Atlanta, and Cleveland, buying has become more affordable than renting.” I think the mortgage catastrophe of 2001 left prospective home buyers afraid of buying a house without being extremely certain that is the right decision.

Due to such events as the subprime mortgage crisis, the auto market and Wall Street’s failure, the United States suffered a severe economic blow. Looking at the situation from an economic view, supply is supposed to equal demand. Due to the mortgage crisis and the careless attempts of some to make money, there is a superfluous amount of empty homes throughout the United States. In the subprime mortgage crisis, the nature of the failure was the inability to account for money given to individuals, who lack the appropriate requirements. In order to obtain a loan, collateral is needed. References were not being checked and poor credit history went ignored. People were obtaining loans and not paying attention to the interests rates associated. “This time around, the slack standards allowed millions of high-risk borrowers to get easy home mortgages. When this so-called subprime market collapsed beginning about a year ago, ordinary working people bore the brunt” (Gallagher, 2008). Companies were so anxious to place people in homes, that it cost them billions of dollars and