Magic + Loss

Magic + Loss

Home-Buying Needs a Gut Renovation

Virginia Heffernan's avatar
Virginia Heffernan
Aug 17, 2022
∙ Paid

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? Last week on This is Critical, journalist Aaron Glantz, author of Homewreckers, joins Virginia to analyze whether there's still hope for ordinary homebuyers.

Listen here or, for subscribers, read the transcript below.

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