The Coming Crash in the Housing Market : 10 Things You Can Do Now to Protect Your Most Valuable Investment (9780071422208): John R. Talbott
It’s Saturday! That means it’s time for Burbed’s book of the week.
Amazon.com: The Coming Crash in the Housing Market : 10 Things You Can Do Now to Protect Your Most Valuable Investment (9780071422208): John R. Talbott: Books
The Coming Crash in the Housing Market : 10 Things You Can Do Now to Protect Your Most Valuable Investment (Paperback)
Today’s real estate market is a house of cards–learn what homeowners can do to prepare for its pending collapse
Soaring home prices and 50-year low interest rates have lulled homebuyers into a false sense of security. But plummeting consumer confidence and record-high personal debt threaten to blindside overextended homeowners and real estate investors.
The Coming Crash in the Housing Marketshows homeowners how to avoid owing more to lenders than their houses are worth–known as an “underwater” mortgage–and reveals commonsense steps for protecting one’s assets when the bottom falls out.
In this compelling, well-documented book, renowned economic consultant John Talbot tells current and potential homeowners how to survive and thrive in tomorrow’s world of slashed home values. He presents:
* Convincing reasons why the housing market will likely crash within two years
* Startling similarities between this and previous economic disasters
Why this book, you may wonder? Is it because there’s a crash coming soon?
No! Of course not. And definitely not in the Real Bay Area which has already been hammered with its lack of appreciation.
Know, the reason this is the book of the week was to highlight how wrong people can be. This book was published in 2003. Yep. Right before everyone became rich from real estate (and then not so rich.)
Again, I encourage you to ignore bubble-heads. They’ll just keep saying that it’s a bubble, it’s a bubble, it’s a bubble. And like a broken clock, eventually they’ll be right – the economy operates on cycles. But until then, there’s plenty of amazing riches that you’ll be missing out on.
Remember, don’t trust those who say no. Don’t trust your brain. Trust your gut. And deep in there, you just know that housing will never let you down.
Regardless of who you trust though, you can help this site out! Click this link to learn more!