If you want insight into what went wrong in the housing world from 2000 - 2006 please read in print or online "Saying Yes to Anyone, WaMu Built Empire on Shaky Loans." This article published today (December 28) in the New York Times and reported by Peter Goodman and Gretchen Morgenson does an excellent job pulling back the curtain on the horrors
For many of us, the financial meltdown has been a wake-up call. A reminder that oftentimes the assumptions we make when times are good do not hold up when the economy falters.
The meltdown has reminded me that just because methodologies and technologies may advance, human nature does not. As a result there is a lot to be learned from
Of course the skinny books are at number one. [wink] [wink]
The list author says: "Top Ten Real Estate books of 2008"
1. The Skinny On: The Housing Crisis What Every Homeowner and Homebuyer NEEDS TO KNOW!!! by Jim Randel
$12.95 Used & New from: $8.95
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Of course The Skinny is #1 [wink] [wink]
The list author says: "The top ten books on the subject of willpower."
1. The Skinny on Willpower: How to Develop Self Discipline by Jim Randel
$12.95
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In speaking with professionals in the residential real estate business, I find that many of them harbor hard feelings toward the business press. They feel that one of the precipitating forces of the housing bust was the drumbeat of the media asking in headlines:
"When Will the Housing Boom Turn Into a Bust?"
Some of my friends in the