House Lust

House Lust

4.11 - 1251 ratings - Source

A rich narrative that blends social commentary with incisive reporting, House Lust offers an astute, funny, and sometimes disturbing portrait of the behaviors that drove the greatest real estate boom in historya€”and its eventual bust. Owning a home has long been considered the fulfillment of the American Dream. But in the last decade, as the real estate market boomed, Americansa€™ fascination with homes turned into a frenzy. Everywhere we turned, people were talking about, scheming over, envying, shopping for, refinancing, or just plain ogling housesa€”in the process, wea€™ve transformed shelter from a basic necessity into an all-consuming passion. In House Lust, Newsweeka€™s Daniel McGinn travels the country to explore the roots of this mania. Even as the real estate boom has turned to bust, Americans remain obsessed with housesa€”many of us are still trading up, adding on, or doubling down to buy vacation property. But for others, this zeal for housing has carried a painful price, one thata€™s evident in the soaring foreclosure rates and mounting despair as millions of homeowners (and their lenders) realize theya€™ve stretched too far to buy the home of their dreams. In a compelling narrative that takes us inside the homesa€”and psychesa€”of the House Lusta€“afflicted throughout the nation, McGinn examines the forces that turned housing into the talk of dinner parties. He explores the arms race for square footage and introduces readers to a menagerie of characters from the real estate worlda€”from a€œrenovation psychologistsa€ who treat remodeling-addled clients to a guy who trades vacation time-shares the way kids trade baseball cards. McGinn also jumps into the fray himself by enrolling in real estate school and buying an investment property, sight unseen, over the Internet. House Lust shows us just how contagious the ideal of owning the best home on the block can be. And as the real estate boom recedes into memory, McGinn offers cautionary tales to help us curb our lust when prices start rising again. From the Hardcover edition.As soon as one project ends, ita#39;s just a matter of paying off the Home Depot credit card before the next one begins. ... Read Laura lngalls Wildera#39;s Little House books and youll lose count of the number of times Pa beckons Mr. Edwards over toanbsp;...

Title:House Lust
Author:Daniel McGinn
Publisher:Crown Business - 2008-01-08


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