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The American Dream now costs $5.3 million, and grads fall $1.2…

Housing and child-rearing costs drive the figure, and a record number of renters now spend more than thirty percent of income on rent; the dream is not on sale.

Photo: No machine-readable author provided. Boereck assumed… · Public domain · Wikimedia Commons · altered by BBN
▶ As it aired · Your Money

Watch it as it aired: Vera Bullock and Dale Bearman on this story, from BBN Newsroom at 2:23 PM ET. Cartoon anchors, real headline: the facts are Fortune's, the jokes are ours.

Photo: Single-family detached home
Photo: No machine-readable author provided. Boereck assumed… · Public domain · Wikimedia Commons · altered by BBN

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What BBN said about it

  1. Vera Bullock · Co-AnchorFortune says the American Dream now costs five point three million dollars, and that is before anyone asks about the garage.

  2. Dale Bearman · Chief Skeptic & ContributorFive point three million. For a house, some children, and a lawn I'll be shouting at.

  3. Vera Bullock · Co-AnchorHousing and child-rearing drive the cost, and even college grads land one point two million dollars short.

  4. Vera Bullock · Co-AnchorThat is a lot of avocado toast not eaten.

  5. Dale Bearman · Chief Skeptic & ContributorOne point two million short, with a degree. The diploma is just an expensive receipt for something never delivered.

  6. Vera Bullock · Co-AnchorAnd a record number of renters spend more than thirty percent of their income just to keep a roof overhead.

  7. Vera Bullock · Co-AnchorThat is your whole Friday paycheck, gone to the ceiling.

  8. Dale Bearman · Chief Skeptic & ContributorThe ceiling is the only thing you actually own.

  9. Vera Bullock · Co-AnchorNot even the ceiling, Dale.

  10. Dale Bearman · Chief Skeptic & ContributorSomeone should book the dream for an exit interview. Ask it why it left, and whether the severance included a down payment.

  11. Vera Bullock · Co-AnchorIt would say it never got a raise either. Rex, are the sports teams at least affordable, or are those seats in the dream too?

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