  A housing bubble happens when the price of homes sharply rise. This will happen when demand for homes is higher than the actual supply. Then the demand decreases, but the supply increases. Now, with fewer buyers, housing prices come crashing down and the housing bubble bursts.  

Inequality

Reduced inequalities

Cities

Sustainable cities and communities

Economic growth

Decent work and economic growth

poverty

No poverty

The United States’ postwar housing policy created the world’s largest middle class. It also set America on two divergent paths -- one of imagined wealth, propped up by speculation and endless booms and busts, and the other in systematically defunded, segregated communities, where “the American dream” feels hopelessly out of reach.

Owned is a fever dream vision into the dark history behind the US housing economy. Tracking its overtly racist beginnings and its unbridled commoditization, the film exposes a foundational story that few Americans understand as their own.

OWNED: A Tale of Two Americas

The United States’ postwar housing policy created the world’s largest middle class. It also set America on two divergent paths -- one of imagined wealth, propped up by speculation and endless booms and busts, and the other in systematically defunded, segregated communities, where “the American dream” feels hopelessly out of reach.

Owned is a fever dream vision into the dark history behind the US housing economy. Tracking its overtly racist beginnings and its unbridled commoditization, the film exposes a foundational story that few Americans understand as their own.