Seriously, We need a whipping post!


Time magazine’s Sept. 6 cover story, “The Case Against Homeownership,” has drawn sharp criticism from home builders responding to its many inaccuracies but has also apparently raised the hackles of the publication’s readership.

The article by Barbara Kiviat, who has covered business and economics for Time for more than nine years, launches an all-out assault on homeownership, describing it as a “cult” and a “fetish,” and charges, among other things, that it “may have triggered the financial crisis,” has “contributed to the hollowing out of cities,” has “fed America’s overuse of energy and oil” and “made it more difficult for those who had lost a job to find another.”

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