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How Real Estate Came to Own Us
Bloomsbury Press
July 2009
On Sale: June 23, 2009
288 pages
ISBN: 1596914793
EAN: 9781596914797
Hardcover
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Non-Fiction
How the homes we live in turned into the monsters that ate
our economy and how the United States became a nation
obsessed with real estate. Our Lot tells how an entire nation got swept up in real
estate mania, and it casts the business story—the collapse
of the mortgage markets and its global impact on the
economy—as the product of a decades-long project of social
engineering by the U .S. government to make homeownership
possible for those who had never been able to attain it
before. Based on original reporting, Our Lot looks at the
boom as experienced by ordinary Americans, and examines how
our own economic anxieties and realities, combined with
greed and delusion on Wall S treet and in Washington,
inflated the real estate bubble. In accessible language, the
book helps homeowners and would-be homeowners understand
what really happened, how it has affected our homes and
communities, and how we can move on to a future we’ll want
to live in.
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