American Nightmare: How Government Undermines the Dream of Homeownership
(Cato Institute, 2012)
Since the recent financial crisis, many pundits have argued that the future of homeownership is in doubt. Not so, says Randal O'Toole, whose new book, American Nightmare: How Government Undermines the Dream of Homeownership, shows that both the crisis in homeownership and the larger financial crisis have their roots in heavy-handed state and local land-use regulation. Ending that regulation and creating a true free market in housing should boost American homeownership rates to as high as 75 percent. Join the author and a distinguished panel of experts in what promises to be a compelling discussion of this new book and our nation's housing markets.