"The Death of the American Dream: $120K Annual Income Needed to Afford US Home by 2024"

According to realtor and TikTok creator Freddie Smith, Americans now need to make $120,000 a year to afford a typical middle-class life and qualify to purchase a home, a significant increase from previous years. The rising cost of housing, coupled with high levels of student loan and credit card debt, has made it increasingly difficult for millennials and Gen Zers to achieve the traditional American dream of homeownership. Smith highlights the financial challenges faced by younger generations and the evolving concept of the American Dream, suggesting that communal living and redefining work-life balance may become more prevalent in the future.