I’ve been listing books lately that are about the credit crisis, albeit in indirect fashion, like the excellent Plight of the Fortune-tellers. Today’s book is one that isn’t really about the crisis at all, but turns out to be terrifyingly on point. It is Robert Frank’s Richistan, released only a year ago (even it feels like a hundred).
Frank’s book is about the wealthy in America, many of whom are new arrivals via real estate. This will almost certainly turn into a classic period piece about the end of the go-go days.