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Where homeownership went wrong

Book Review: 'Our Lot: How Real Estate Came to Own Us'
Published on Jul 8, 2009

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by CareyBot

As the real estate crisis evolved, popular media explorations of what caused the problem grew common, but have largely been characterized by finger-pointing sound-bite duels, one industry or interest group vs. the other, e.g., Wall Street vs. real estate brokers, and so forth. Whether or not you agree that further finger-pointing is constructive, you will find that "Our Lot: How Real Estate Came to Own Us," by real estate journalist Alyssa Katz, breaks the mold of surface-skimming blame-gaming.

Though its raison d'etre is to seek out the root causes of the mortgage crisis, "Our Lot" is an extraordinarily researched, deeply thoughtful argument that the government-powered social aim of increasing homeownership "in partnership" with the mortgage bankin

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