An insightful new lens for understanding the country’s housing challenges comes from “The Great Housing Reversal and the New American Dream,” a compelling book by Mike Hathorne. Hathorne argues that the United States is not experiencing a temporary housing cycle but a lasting structural reversal. For decades, our housing system was built around a single dominant household type: married couples with children buying a detached home on a large lot in the suburbs. That model shaped zoning, financing, and the very idea of the American Dream.
Hathorne suggests that younger generations are prioritizing connection, belonging, and proximity over large houses and big yards. They want to live near people, places, and experiences. Empty nesters increasingly want to downsize into … Continue reading