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Analysis Of Michael Lewis The Mansion: A Subprime Parable

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“The mansion: A Subprime Parable”, by Michael Lewis, which tells us how people have become obsessed with buying and living in houses that they can not afford. The author describes in his text that many Americans have put themselves into a difficult financial situation because they seek out and buy houses they simply cannot afford. There has been a lot of blame thrown around as to why that was allowed to happen and many can comfortably shift blame away from the buyer and onto the agents that convinced those people that they could afford those houses. The author claims that in fact it is the buyers who also are to be blamed. He justifies his claim by writing that the American culture has conditioned to always thrive to the bigger house. A memorable

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