Saturday, August 15, 2009

Retrospective View of Real Estate Ownership in America

Homeownership is the American Dream for most of us. Why is it that we buy into the fact that you haven't made it until you own your piece of the American Dream? If you are like me, you probably never gave it any thought. It's one of those things that just is.

Here is an interesting article outlining the history of real estate in America written by Thomas J. Sugrue a professor of history and sociology...

The New American Dream: Renting

'A man is not a whole and complete man," wrote Walt Whitman, "unless he owns a house and the ground it stands on." America's lesser bards sang of "my old Kentucky Home" and "Home Sweet Home," leading no less than that great critic Herbert Hoover to declaim that their ballads "were not written about tenements or apartments…they never sing about a pile of rent receipts." To own a home is to be American. To rent is to be something less.

Click Here to read the entire article.




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