The roots of the worst housing bust in generations lie in the mythology of the American dream: buy as much house as possible, move away from urban centers, home prices will always go up, the schools are "better. " The foundation of the dream itself is faulty; indeed, the desire that "every man have his castle" is bankrupting us.
The roots of the worst housing bust in generations lie in the mythology of the American dream: buy as much house as possible, move away from urban centers, home prices will always go up, the schools are "better. " The foundation of the dream itself is faulty; indeed, the desire that "every man have his castle" is bankrupting us.
An incisive look at the consequences of today's costly and damaging suburban lifestyle
In The Cul-de-Sac Syndrome, Bloomberg News' John Wasik exposes the economic, cultural, environmental, and health problems underlying life in suburbia. Wasik provides powerful insights into how the U.S. suburban lifestyle has become unsustainable and what can be done to salvage it. His observations are firmly grounded in exclusive on-the-ground research, interviews with thought leaders, and the latest studies and statistics. The book
The American Dream of moving further from a city to buy a bigger house and find better schools has become a costly nightmare. The Cul-de-Sac Syndrome examines why and what can be done.
John Wasik is a financial columnist for Bloomberg News and the author of several books. His book The Merchant of Power was praised by Studs Terkel and well reviewed by the New York Times. Wasik has won more than fifteen journalism awards, including several from the National Press Club. He has appeared on such national media as NBC, NPR, and PBS. He lives in Chicago.
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