I am reading a book called Busted: Life inside the great mortgage meltdown, by Edmund L Andrews.
This book is an interesting study behind the scenes about one man and his personal life experiences during the real estate bubble. The writer is especially interesting in that he is an economic columnist for the "New York Times".
He goes behind the theoretical and tells of his own family relationships and the ups and downs during this time. He describes the process of buying in a sellers market and his relationships with his real estate agent and mortgage broker . He describes experiences...family pressures, the motivation behind decisions that seemed not so crazy at the times.
The writer does not blame someone else for his mistakes but points out the environment that led him to be "Busted". A good read.