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ISBN: 007142220X, 9780071422208Издательство: McGraw-Hill
Год издания: 2003
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 Market shows 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...