Why the Real Estate Boom Will Not Bust - And How You Can Profit from It
Chapter One
PREFACE
Some of today’s hot residential real estate markets are beginning to cool down a bit. As predicted in my first edition, for the nation as a whole, the boom is winding down to a healthy real estate expansion. There will continue to be great opportunities to build wealth in real estate for the remainder of this decade. Some in the media and elsewhere claim there is a housing bubble, and that it will eventually burst, similar to the stock market bubble debacle in 2000. As I demonstrate throughout this book, their reasoning is flawed, a point I have driven home time and again on major business television networks like CNBC and CNN in recent years. Nonetheless, each year the naysayers come back sounding further alarms. Fortunately, given the reaction from the marketplace, few are paying attention.
I am not suggesting that real estate prices will post double-digit growth as they have in so many of our nation’s local housing markets the past several years. That is not a healthy market situation in the long run. Demand for homes needs to come more into balance with the supply of homes. The frenz ... read full excerpt from Why the Real Estate Boom Will Not Bust - And How You Can Profit from It: How to Build Wealth in Today's Expanding Real Estate Market ebook
