This Is Critical   /     Home-Buying Needs a Gut Renovation

Summary

Homeownership has been synonymous with the American Dream since the New Deal. But after the 2008 financial crisis, millions of low-cost "starter houses" were bought for a song by private equity giants who use them as financial instruments rather than places to live. So what's a homebuyer to do? Journalist Aaron Glantz, author of Homewreckers, joins Virginia to analyze whether there's still hope for ordinary homebuyers.

Subtitle
Homeownership has been synonymous with the American Dream since the New Deal. But after the 2008 financial crisis, millions of low-cost "starter houses" were bought for a song by private equity giants who use them as financial instruments rather than pl
Duration
00:29:37
Publishing date
2022-08-11 04:00
Link
https://this-is-critical-with-virginia-heffernan.simplecast.com/episodes/housing-p_V4kNLJ
Contributors
  Stitcher
author  
Enclosures
https://chrt.fm/track/288D49/stitcher.simplecastaudio.com/58bb2e73-f61d-4cc0-9ba3-dc01b8bb9ce0/episodes/73f4938d-1dc6-4324-83aa-55c1b182469a/audio/128/default.mp3?aid=rss_feed&awCollectionId=58bb2e73-f61d-4cc0-9ba3-dc01b8bb9ce0&awEpisodeId=73f4938d-1dc6
audio/mpeg

Shownotes

Homeownership has been synonymous with the American Dream since the New Deal. But after the 2008 financial crisis, millions of low-cost "starter houses" were bought for a song by private equity giants who use them as financial instruments rather than places to live. So what's a homebuyer to do? Journalist Aaron Glantz, author of Homewreckers, joins Virginia to analyze whether there's still hope for ordinary homebuyers.