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Saving for the American Dream

The Honorable Newt Gingrich

By Newt Gingrich (original source The Washington Times) 

“Homeownership has always been an essential part of the American Dream. For too many aspiring young homeowners, however, that dream is slipping away amid economic stagnation and flat incomes.

According to the latest Census report, homeownership rates for all Americans are at a 48-year low: 63.4 percent. Of those under 35, barely more than a third own their homes. At the same time, polls show millennials still dream of owning their own homes but don’t have the means to do so.”

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