The Coming Crash in the Housing Market: 10 Things You Can Do Now to Protect Your Most Valuable Investment

The Coming Crash in the Housing Market: 10 Things You Can Do Now to Protect Your Most Valuable Investment

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Synopsis

This title offers strategies to protect your most important investment in today's dangerously overpriced housing market. Soaring home prices, combined with 50-year low interest rates, have lulled U.S. homebuyers into a false sense of security. But current economic conditions, combined with the actions of overly aggressive lenders, leave the housing market ripe for a major crash. The Coming Crash in the Housing Market is the first rational, unbiased examination of the dangers homeowners face in today's climate of overpriced housing and overextended credit. Asking and answering questions that have for too long been ignored, respected economic consultant John Talbott provides clear-eyed and convincing analysis of the economic perils of owning or purchasing a home today, and ten steps homeowners can - and should - take immediately to protect themselves.Are you among the millions of Americans who lost thousands in the tech-stock crash of 2000? Do you wish somebody had said something about the dangers of staking your future on overpriced, risky investments? Today's housing market faces a similar crisis, and John Talbott is saying something about it. Find out about the price risks inherent in home ownership in today's economy, and steps you can take to protect yourself and your family from financial hardship, in Talbott's cautionary but convincing The Coming Crash in the Housing Market .

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More Information

Format: Paperback
Pages: 204
Publisher: McGraw-Hill Professional
Published: 01 Jun 2003

ISBN 10: 007142220X
ISBN 13: 9780071422208

Media Reviews
Is This House Worth USD1.2 Million? No, we don't have a housing bubble yet. But if the frenzy doesn't end soon, we will. Then, watch out ---Cover Story, Fortune, 10/28/2002
Author Bio
John Talbott is an economic consultant who has authored academic papers on economic growth and development and made presentations on the subject to the governments of Russia, Jordan, and Qatar. A visiting scholar at the Anderson School at UCLA, Talbott is also a former vice president in the investment banking division of Goldman, Sachs, and Company.