Mortgaged Lives

Mortgaged Lives

Translated from Spanish, and originally published under Vidas Hipotecadas. About the organizing strategies of the PAH, Plataforma De Afectados Por La Hipoteca.

The Practice of Mortgages of Real and Personal Estate with Precedents Offorms, Etc

Our Lot

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.