"The Death of the American Dream: Realtor Claims $120K Annual Income Needed to Afford Home in 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 also highlights the trend of communal living and suggests that the evolving American Dream may no longer prioritize homeownership and long-term job stability for younger generations.