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The Secret Life of Real Estate and Banking: How it Moves and Why by Phillip J. A

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Item specifics

Condition
Brand new: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9780856832635
Book Title
The Secret Life of Real Estate and Banking
ISBN
9780856832635
Publication Year
2008
Type
Textbook
Format
Hardcover
Language
English
Publication Name
The Secret Life of Real Estate and Banking
Item Height
234mm
Author
Phillip J. Anderson
Publisher
Shepheard-Walwyn (Publishers) Ltd
Item Width
156mm
Subject
Finance
Number of Pages
464 Pages

About this product

Product Information

Real estate is sold as a much safer investment than the constantly fluctuating stock market. Share price volatility is compared unfavourably with the steadier and impressive gains made from real estate which is, we are told, 'as safe as houses'. As millions of Americans - and countless others in the Western world - have recently found to their cost, house prices can also suddenly and dramatically drop. Yet no other text on real estate, either current or from the past, mentions this fact, reinforcing the perception that real estate is an almost risk-free investment. Now for the first time, and long overdue, a book that details and explains the cyclical nature of real estate. The latest real estate downturn in the USA (and in other countries) is just one of many that have occurred since 1800 with astonishing regularity. This book is the story of the American experience of those downturns: the move out of recession, how the banking system facilitates that move, the boom and the characters that shaped it, the bust and accompanying bank failures, and then the recession, or worse, depression. This is always followed by a new cycle repeating each phase again, varied only by the new ways bankers find to avoid the regulations put in place after each collapse to ensure it will never happen again. The Secret Life of Real Estate and Banking explains, quite simply, how the real estate cycle originates, offers a fascinating study of US history to illustrate the stages through which each cycle passes, then explains why this cycle of boom and bust must repeat, given present economic conditions. Real estate can only be a truly winning investment if you know the cycle. For investors, the author has designed an 18-year Real Estate Clock which plots the progress of the cycle, with tell-tale signs so that investors can recognise exactly where they are in the cycle at any point in time and so help them decide whether to invest, sit tight or sell. He has refined this clock over a period of many years and those who have attended his courses have found it an invaluable and remarkably accurate guide for their investment strategies, not only in real estate. With its invaluable insights and practical guidance, The Secret Life of Real Estate and Banking is a book for both novice and experienced investors alike who want to know why the real estate cycle moves as it does, learn how this movement can be forecast well in advance, and more importantly, wish to learn how to profit from this knowledge. A must read for any serious investor.

Product Identifiers

Publisher
Shepheard-Walwyn (Publishers) Ltd
ISBN-13
9780856832635
eBay Product ID (ePID)
96829065

Product Key Features

Author
Phillip J. Anderson
Publication Name
The Secret Life of Real Estate and Banking
Format
Hardcover
Language
English
Subject
Finance
Publication Year
2008
Type
Textbook
Number of Pages
464 Pages

Dimensions

Item Height
234mm
Item Width
156mm

Additional Product Features

Title_Author
Phillip J. Anderson
Country/Region of Manufacture
United Kingdom

Item description from the seller

Business seller information

Value Added Tax number:
  • AU 82107909133
  • GB 293967539
thenilestore

thenilestore

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  • Knowledge Of Financial Cycles Is Power.

    Having already read Phillip Anderson’s “ The Secret Life Of Real Estate & Banking “, I am purchasing more as valuable gifts for my family & friends. It is the best guide to understanding financial repeating cycles that I have ever read. A price of even $200 is good still good value.

    Verified purchase: YesCondition: NewSold by: simplybestprices-10to20dayshipping