Why the American dream no longer moves upward | Derek Thompson

From Big Think.

“This is a world in which we’ve essentially given ourselves the tools to stop the construction of the most important product in American lives in the places where Americans often most want to move.”

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Up next, One generation’s solutions, this generation’s disease | Derek Thompson: Full Interview ► https://www.youtube.com/watch?v=2dn6NVGOu0w

Behind the outcome of the 2024 election lies a deep fracture in the American dream: the choice between affordable places that stall mobility, and dynamic cities that lock people out with impossible prices.

0:00 The “affordability election”
1:17 America’s housing crisis
2:39 The opposite of The American Dream
2:57 Big cities, housing supply, the rise of NIMBY
5:50 Homeowners vs. non-homeowners
8:29 A tragedy of good intentions
12:28 A new age of institutional renewal

Read the video transcript ► https://bigthink.com/series/the-big-think-interview/upwards-immobility/?utm_source=youtube&utm_medium=video&utm_campaign=youtube_description

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About Derek Thompson:

Derek Thompson is a staff writer at The Atlantic and host of the podcast Plain English. He is the author of Hit Makers and the co-author of Abundance alongside Ezra Klein, which explores the case for renewing the politics of plenty in the modern world.