Product Details
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.
Biographical Note
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.
