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Will Anyone Ever Buy or Sell a Home Again?

Por: Slate Business September 29, 2022

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Tracy Kidder’s classic 1985 book follows a Massachusetts couple that has decided to build their dream home. To get the money for the structure itself—not including the land—they must borrow $100,000 at 13 percent interest. It’s a burden that gives the imagined house the special, binding weight of debt. If they pay it off within ten years, they will have wound up giving the bank $80,000 more than they borrowed. If it takes 30 years, the... + full article



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