Hi John,

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The American Dream has always promised a future where hard work and determination can lead to owning a home, raising a family, and building a life of prosperity. But for many young Americans today, that dream is slipping further out of reach.

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Skyrocketing home prices, soaring interest rates, and crushing inflation have made it nearly impossible for young people to buy their first home.

• The median sale price of homes has gone up 31.7% since 2019.
• The expenses of owning a home, excluding mortgage payments, has gone up 26% since 2020.

Young Americans who saved for years are now finding that their nest egg, if they even have been able to save one, isn’t enough to secure a place to call their own.

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Here’s the bottom line: Many Americans find that home prices and associated costs have become unaffordable. Rent has gone up 30.7% and a whopping 78% of Americans are living paycheck to paycheck. This has made it impossible to save for a down payment.

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Watch the short video below to hear how Americans in Georgia are struggling to buy a house and cover other basic expenses. Keep reading to learn how AFP can empower you to speak up.

This isn’t just a housing problem—it’s a symptom of bad economic policies that have driven up the cost of living across the board. Bidenomics has created an environment where inflation is rampant, and economic stability feels out of reach for far too many.

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If we don’t push back against these harmful policies, the American Dream will be nothing more than a memory for the next generation.

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But we have the power to make a difference. Together, we can fight for economic policies that restore hope and opportunity. We can ensure that young Americans have the chance to own a home, build a family, and live out the promise of the American Dream.

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Here’s what you can do: Send a letter to your lawmakers today. Your voice can make a difference—don't let bad economic policy steal the future.

Thank you for standing up for the American Dream.

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Best,

Kurt Couchman

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Senior Fellow, Fiscal Policy

Americans for Prosperity