The Secret Life of Real Estate and Banking by Phillip J Anderson

The Secret Life of Real Estate and Banking by Phillip J Anderson

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Summary

Real estate is sold as a much safer investment than the constantly fluctuating stock market. Share price volatility is compared unfavorably with the steadier and impressive gains made from real estate which is, we are told, 'as safe as houses'. This book details the cyclical nature of real estate.

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The Secret Life of Real Estate and Banking by Phillip J Anderson

Tracing the history of housing cycles in the United States, this examination shows how the banking system reacts to prosperity and recession and reveals the ways regulations enacted after each collapse tend to disappear when boom times return. With its invaluable insights and practical advice, the discussion is aimed at both novice and experienced investors who want to know why the real estate cycle moves as it does, how it can be forecasted in advance, and how best to profit from this knowledge.

"Both exciting and timelyIt provides detailed insight on how the addiction to land speculation became the foundation of the United States of America"  —Progress Magazine, Australia

"Recounts the history of land speculation and the reasons for it from the early days of American settlement through to the present era."  —Australian Investment Association "I recommend you read Phil's book. It's one of the best books ever written on long-term real-estate cycles." —Harry S. Dent Jr., Senior Editor, Survive & Prosper
Phillip J. Anderson is the founder and managing director of Economic Indicator Services, an economic forecasting service that specializes in business, commodity, and real estate cycles.
SKU Unavailable
ISBN 13 9780856832635
ISBN 10 0856832634
Title The Secret Life of Real Estate and Banking
Author Phillip J Anderson
Condition Unavailable
Binding Type Hardback
Publisher Shepheard-Walwyn (Publishers) Ltd
Year published 2009-03-01
Number of pages 464
Prizes Long-listed for People's Book Prize: Non-Fiction 2009
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.