I hope you enjoy the fifth of the series from NY Times
Below is a preview of the article, click on the link above to see the article in its entirety:
Putting a modern-day finish on this propensity is “House Lust: America’s Obsession With Our Homes” by Daniel McGinn (Currency, $24.95), which chronicles an epic of satirical, if not quite biblical, proportions.
“How did home renovations come to routinely turn families’ lives upside down?” he asks. “Why do thousands of us now watch reality shows about home flipping or house hunting? Why did so many people decide to start investing in real estate, or quit good jobs to seek a fortune selling houses?”
“Our homes may no longer be making us rich,” he writes, “but living through an era when we thought they might has resulted in a permanent shift in thinking — one that will leave many of us happily obsessed with houses for years to come.”
The millions of Americans currently facing home mortgage foreclosures will probably regard such unbounded optimism as the eighth deadly sin.
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