Majority Say They’ll Never Own Their ‘Dream Home,” Can’t Afford It: Poll

MIAMI, FLORIDA - JANUARY 30: A House For Sale sign is seen outside of a home on January 30, 2019 in Miami, Florida. The pending home sales index dropped 2.2 percent to 99.0, down from 101.2 in November, the weakest reading since April 2014 according to the National Association of Realtors. (Photo by Joe Raedle/Getty Images)

At a glance

  • The economy has left people in a pessimistic mood, and that’s reflected in a new study by IPX1031, a subsidiary of Fidelity National Financial.
  • While virtually all Americans agree owning a home is part of the American dream, nearly half of millennials and GenXers say they’ll never own their “dream home.”
  • A staggering 94 percent out of more than 1,000 respondents say they’re not currently living in their dream home and the top reason given is they simply cannot afford it.

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