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National ethos of the United States
The "American Dream" is a phrase referring to the national ethos of the United States: that every person has the freedom and opportunity to succeed and attain a better life. The tenets of the American Dream originate from the Declaration of Independence, which states "all men are created equal", and have an inalienable right to "life, liberty, and the pursuit of happiness". The Preamble to the Constitution states similarly that the Constitution's purpose is to, in part, "secure the Blessings of Liberty to ourselves and our Posterity".
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Many Americans are going to be renting for the rest of their lives.