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More copies of this ISBN:How to Profit from the Coming Real Estate Bust: Money-Making Strategies for the End of the Housing Bubbleby John Rubino
Synopses & ReviewsPublisher Comments:How to Profit from the Coming Real Estate Bust Money-Making Strategies for the End of the Housing Bubble The housing bubble is about to burst. Are you ready? While the rest of the economy teeters on the edge of recession, home sales are booming and home prices are surging. Can this continue? Not a chance. The housing market is hot because Americans-- apparently convinced that the good times will never end-- are borrowing record amounts of money to buy ever-larger homes. And we've learned to treat our existing homes like piggy banks, borrowing against our home equity to maintain our lifestyles. This boosts the economy but causes us to incur debts that will soon force us to stop spending. The result will be a deep recession, complete with declining home prices and a collapse in the value of housing-related stocks. And that's the optimistic scenario! With mortgage, corporate, and government debt soaring, the bursting of the housing bubble might set off a chain reaction that wreaks 1930s-style havoc on stocks, the dollar, and real estate. In clear, easy-to-understand terms, this book shows how real estate has become the latest in a long line of financial bubbles, how the bubble is likely to burst, and how you can both protect yourself and make money as the drama unfolds. You'll also learn: * Why all "cash" is not equally safe * Why gold will soar as the dollar falls * Which stocks will be casualties of the housing bust, and how to profit from their collapse * How to ensure against-- and even profit from-- a decline in the value of your home Whether you're worried about the value of your home, your stock portfolio, or your bank account, you'll find answers here. You can't stop what's coming, but you can turn it to your advantage. Synopsis:Financial expert Rubino shows readers how to survive what he predicts will be a major housing crash, build recession-proof wealth, and protect their biggest investment. Synopsis:Includes bibliographical references (p. [243]-249) and index.
About the AuthorJohn Rubino spent the 1980s as a Wall Street financial analyst and since 1990 has been a regular contributor to TheStreet.com, Individual Investor, Kiplinger's Personal Finance, Ziff Davis Smart Business, Consumer's Digest, On Investing, and many others. His first book, Main Street, Not Wall Street, was published by William Morrow in 1998. He is currently at work on a book about gold. Table of ContentsFrom the cave to the American castle — Boom and bust — Anatomy of today's bubble — How it hits home — Impact : global and local — Derivatives, Fannies, and Freddies — When the bubble pops — Tales from the dark side — Preserving your capital when the bubble bursts — Making money when the bubble bursts — Are you living in a bubble market? — Your options — Minimize your property taxes.
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