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Homewreckers

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4.03  ·  Rating details ·  34 ratings  ·  13 reviews
How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream

In the spirit of Evicted, Bait and Switch, and The Big Short, a shocking, heart-wrenching investigation into America’s housing crisis and the modern-day robber barons who are making a fortune off the backs
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ebook, 432 pages
Published October 15th 2019 by Custom House
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Average rating 4.03  · 
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 ·  34 ratings  ·  13 reviews


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Nancy
Sep 21, 2019 rated it it was amazing  ·  review of another edition
I won this in a Goodreads giveaway.
An in depth look at where deregulation has led us.
Kimberly Cascio
Sep 15, 2019 rated it it was amazing  ·  review of another edition
This is the book that will renew outrage about America’s wealth gap, the state of American homeownership, and the systemic corruption within the American financial system.
Are your eyes glazing over? Stop it, because this book doesn’t just spill the tea about the housing bust as much as dumps the tea into a nearby harbor. It’s an outrageous, well-sourced, riveting account of how a few real estate moguls profited from the economic crisis that devastated millions. Like some of the best crime docum
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Thomas Kelley
Sep 28, 2019 rated it it was amazing
If you have seen the movie or read the book "The Big Short" you need to read this book also. If not you still need to read this book it is very informative. The main focus of this book is the housing bubble and collapse of the banks and the housing market around 2007 and 2008. This book should make you mad. I will not go in to a lot of detail because I feel it will give a lot of the details. But I will say I cannot believe how our government gives things away. This is not a one sided political t ...more
Aaron Glantz
Nov 12, 2019 added it  ·  (Review from the author)  ·  review of another edition
I wrote the book so of course I like it!

Leaving this here if you'd like to leave a comment. I'll read it and respond!
Peter Z.
Sep 03, 2019 rated it did not like it  ·  review of another edition
Classic. Obama creates a problem by putting government guarantees on garbage loans causing banks to loan to people at no risk to themselves, then when the Plan inevitably fails, blame "greedy" businessmen for cleaning up the mess and bringing equity to save what was left. Got news, if it wasn't for private business, the taxpayers would have been jammed up even worse. It's capitalism people. Trying to make a profit is how we survive. It's when government puts perverse incentives on a free market ...more
Carolyn
Oct 27, 2019 rated it it was amazing
A thoroughly harrowing account of how 'the homewreckers', as Glantz dubs them, stole the residential housing market in the wake of the 2008 crash. Deeply researched, Glantz uncovers the steal behind the buyout that flipped the American Dream of personal home ownership and a nation of wealthy barbers into a renters market. Carefully tracing how presidents and financiers unpicked the stitches of the New Deal, Glantz shows how the rich got super richer. This book is as compelling as any mystery or ...more
Grant
Nov 13, 2019 rated it it was amazing
Shelves: favorites
Aaron Glantz has done an amazing job here. Just when you think you've heard all about the GFC and subsequent bail outs, Glantz hits you with the stories professional government grifters who enrich themselves off the backs of the tax paying people of America. READ THIS BOOK! (And try not to punch a hole in the wall as take in the amount of corporate welfare that has ended up in the pockets of the tax dodging elite few.)
Ietrio
Oct 16, 2019 rated it did not like it  ·  review of another edition
Shelves: junk
Decades of governmental racial segregation, dozens of agencies spitting rules and restrictions on where to build, how to build, for whom to build, taxes increasing to keep up with the madness of government spending, all this is irrelevant. Here are your Emmanuel Goldsteins, hate them says Glantz.
Mike
Oct 22, 2019 rated it it was amazing
I have read other books about the 2008 "problem" but none that have named names like Homewreckers. Mnuchin, Ross, Barrack, Schwarzman, all pals of Trump and all infinitely cold and greedy MFs. We need a revolution...the late 18th century French variety.
Jes
Nov 14, 2019 rated it really liked it
Shelves: non-fiction
Equal parts infuriating and informative. Recommend for someone (like me) who knew nothing about the housing bust and wants another reason to dismantle the entire system.
Doris Raines
Nov 15, 2019 rated it liked it
GREAT BOOK.
Jordan
Nov 15, 2019 rated it liked it
I'm too stupid to understand this book but I'm sure it's important! A little repetitive at times.
Jill
Sep 04, 2019 rated it it was amazing
A very informative and interesting book!
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Aaron Glantz produces journalism with impact. A two-time Peabody Award-winner and finalist for the Pulitzer Prize, Glantz’s work has sparked more than a dozen Congressional hearings, the signing of new laws, and criminal probes by the DEA, FBI, Pentagon and Federal Trade Commission. Because of his reporting, 500,000 fewer U.S. military veterans face long waits for disability compensation, while 10 ...more
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