American Nightmare: How Government Undermines the Dream of Homeownership

· Cato Institute
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The American Dream turned into a nightmare when the housing bubble burst, and people have been trying to figure out who to blame- Greedy bankers? Corrupt politicians? Ignorant homeowners? In American Nightmare: How Government Undermines the Dream of Homeownership, Randal O'Toole explores the forces at play in the housing market and shows how we can rebuild the American dream of homeownership by eliminating federal, state, and local policies that distort the free market for housing.

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Randal O'Toole is a senior fellow at the Cato Institute who has written four previous books and numerous papers on housing, urban growth, transportation, and public land issues, including his most recent book, Gridlock: Why We're Stuck In Traffic and What To Do About It. He has been a leader in innovative thinking on urban land use, natural resources, and environmentalism.

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