The Secret Life of Real Estate and Banking by Phillip J. Anderson, Hardcover, 9780856832635 | Buy online at The Nile
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The Secret Life of Real Estate and Banking

How it Moves and Why

Author: Phillip J. Anderson  

Hardcover

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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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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Description

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.

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Awards

Long-listed for People's Book Prize: Non-Fiction 2009

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Critic Reviews

“'This is an exciting, important and timely work; it will sell well. Anderson has ferreted out and marshaled dozens of sources on the 18-year cycle of boom and bust in real estate, its history, its mechanics, and its dynamics. Some sources are old and neglected; some are current and neglected; but after Anderson it will be hard for macro-economists to continue neglecting them. He melds the dramatic skills of a raconteur with the industry of a scholar and the discipline of a field marshal, to keep readers wide awake while they follow and most likely accept Anderson's take on economic history.'”

If you think economics is boring, you haven't met the real pirates of the Caribbean yet. Phil Anderson's recently published book The Secret Life of Real Estate and Banking is both exciting and timely. It provides detailed insight on how the addiction to land speculation became the foundation of the United States of America. Prosper Australia 'The author discovers that the real estate cycle repeats itself approximately every 18 years. In addition, he tells the reader the warning signs and trends that precede the various hoursA" on his real estate clock. In summary, if the author's research is reliable then we can utilise the clockA" to know when to buy and sell real estate in the future.' Brian Cordiner, Member of the AIA.(Australian Investment Association) Required Reading for Property Investors, ' - a superbly written, logically structured study of the property market. His ideas are clear, the writing crisp and the book free from philosophical dogma. His analysis of property market booms and busts over the last 210 years shows how we fall into the same traps over and over again. - a stunning historical perspective with which to immunise yourself from political and economic commentators who clearly fail to grasp the real reasons for the mess we are in. Overall a fantastic book and well worth the price.' Reader on amazon.co.uk 'China's privatisation of its real estate market guarantees [another] real estate cycle' Singapore Business Times Professor Mason Gaffney, University of California

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About the Author

Phillip J Anderson is Managing Director and founder of Economic Indicator Services (EIS), an economic forecasting service operating out of London and Melbourne. EIS is the world's foremost authority in the area of business, real estate and commodity cycles. Subscribers to the service are educated to the movements of these cycles in the economy, none more important than the real estate cycle.

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Product Details

Publisher
Shepheard-Walwyn (Publishers) Ltd
Published
1st March 2009
Pages
464
ISBN
9780856832635

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CUSTOMER REVIEWS

30 Aug, 2017
interesting book
By Sam
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