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eric pebble

"today's Real Estate Market Is A House Of Cards"

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"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; and, startling similarities between this and previous economic disasters."

http://www.amazon.co.uk/exec/obidos/ASIN/1...5608344-2371150

http://www.amazon.co.uk/exec/obidos/ASIN/0...5608344-2371150

Edited by eric pebble

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underwater mortage

new sales strategy for the banks

think you should recommend a few bottles to go along with those books

The housing "market" is actually in the control of the Mortgage Provider: He sets the price: He lends £500k --- the price is £500k. It is daylight robbery on a huge scale. If the "market" were subject to any rules and regulations - which it is not - this and all the tricks would lead to jail sentences.

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The housing "market" is actually in the control of the Mortgage Provider: He sets the price: He lends £500k --- the price is £500k. It is daylight robbery on a huge scale. If the "market" were subject to any rules and regulations - which it is not - this and all the tricks would lead to jail sentences.

Yus. In the US, lender and Realtor (EA) have to be at arm's length to avoid collusion. Here we have lender/EA combos (did anyone see the BBC expose on Foxton's?) and lenders who set the statistics on HPI data. Take that with a Chancellor who has based his entire career on a HPI/MEW based economy and we have a problem folks. Have to wait for our friendly Japanese bankers to set things straight.

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Yus. In the US, lender and Realtor (EA) have to be at arm's length to avoid collusion. Here we have lender/EA combos (did anyone see the BBC expose on Foxton's?) and lenders who set the statistics on HPI data. Take that with a Chancellor who has based his entire career on a HPI/MEW based economy and we have a problem folks. Have to wait for our friendly Japanese bankers to set things straight.

The collusion between sellers and mortgage providers is the biggest single reason for house prices mushrooming as they have - IMHO. It's an absolute scandal - and as far as I can see nobody is doing anythng about it - Why? Er.......... Veted Interests perhaps!??

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"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; and, startling similarities between this and previous economic disasters."

http://www.amazon.co.uk/exec/obidos/ASIN/1...5608344-2371150

http://www.amazon.co.uk/exec/obidos/ASIN/0...5608344-2371150

At last, somethings been found that's value is crashing. You even manged to finf two of them!

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"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; and, startling similarities between this and previous economic disasters."

http://www.amazon.co.uk/exec/obidos/ASIN/1...5608344-2371150

http://www.amazon.co.uk/exec/obidos/ASIN/0...5608344-2371150

Sounds like Daily Reckoning drivel to me.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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