“By the middle of the decade, scads of Americans were "buying real estate and melting it down to liquid form and then injecting it into their veins."
By now, everyone knows the financial reasons for the housing bubble, from lax lenders to greed. But there’s another, emotional side: In our rootless and confusing culture, our domiciles have become more than mere shelters, investments, havens or even status symbols. Rather, they have become extensions of our narcissistic personalities, glorified by entire industries of shelter magazines, websites and cable networks.It’s no wonder, writes Meghan Daum in her new book "Life Would Be Perfect If I Lived In That House," (Alfred A. Knopf), that by the middle of the decade, scads of Americans were "buying real estate and melting it down to liquid form and then injecting it into their veins."It was an addiction shared by Ms. Daum, an essayist, novelist and columnist for the Los Angeles Times. And it almost ruined her life, she writes.Fully aware of how neurotic such an obsession is, Ms. Daum examines it neurotically, almost as if she were a recovering abode-aholic.
By June Fletcher, May 27, 2010 WSJ