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Michael Lewis, The Mansion: A Subprime Parable

Michael Lewis, The Mansion: A Subprime Parable

Read The Mansion: A Subprime Parable and check your comprehension by answering the following questions. Then “submit” your work.

1. Where did Lewis grow up?

Long Island

Boston

New Orleans

Los Angeles

2. In which economic class does Lewis place himself?

upper class

middle class

lower class

upper middle class

3. According to Lewis, what is a deep urge Americans feel?

to live as simply as possible

to live in houses that are bigger than they can afford

to live below their means

to understand their finances

4. Which of the following is NOT one of ways the mansion tried to get rid of the Lewis family?

The spirits of former owners haunted the house, breaking chandeliers at night.

The utility and water bills totaled $3700 per month.

The 11 air-conditioning units didn’t work properly.

The elevator trapped his daughter inside.

5. What question does Lewis’s daughter ask while taking a tour at William Randolph Hearst’s mansion?

“Why are these rooms so enormous?”

“Why are there no TVs?”

“Why is this place so ugly?”

“Why is it so small?”