Our Lot: How Real Estate Came to Own Us

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Bloomsbury Publishing USA, Jul 1, 2009 - Business & Economics - 304 pages
2 Reviews
Our Lot tells how an entire nation got swept up in real estate mania, and it casts the business story--the collapse of the subprime empire and the global impact it had on the economy--as part of a project of social engineering beginning in the 1930s by the U.S. government to make homeownership available to those who had never been able to attain it before. Based on original reporting, Our Lot does not dwell on the foibles of executives. It looks at the boom as experienced by ordinary Americans, and examines how our own economic anxieties and realities helped fuel the real estate bubble. Conveyed in accessible language and through narrative reporting, the book looks to help homeowners and would-be homeowners understand what really happened, how it has affected our homes and communities, and how we can move on into a future we'll want to live in.
 

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LibraryThing Review

User Review  - feodor - LibraryThing

"Our Lot" provides a good synopsis of the national obsession with real estate. The early chapters explains how housing advocates pushed for greater lending to minority and other underserved ... Read full review

Our Lot: How Real Estate Came to Own Us

User Review  - Not Available - Book Verdict

Katz (journalism, NYU; editorial consultant, Pratt Ctr. for Community Development) explains how the real-estate meltdown has been nearly four decades in the making. She reveals how public, private ... Read full review

Contents

Almost like a Conspiracy
1
The Rising Tide
27
Subprime Time
54
Into Oblivion
78
Reaching the Limits
102
Crime Spree
129
Huffing the Fumes
156
Tenants No More
185
Returning Home
213
Acknowledgments
229
Notes
245
Index
267
Copyright

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About the author (2009)

Alyssa Katz teaches journalism at New York University and works with the Pratt Center for Community Development. Formerly the editor of City Limits, a magazine about New York and its neighborhoods, she currently writes for Mother Jones, New York, the Nation, and other publications. Alyssa lives in Brooklyn, in a co-op apartment that she owns.

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