Gary N. Smith, Margaret H. Smith "Houseonomics: Why Owning a Home is Still a Great Investment"
Publisher: FT Press; 1 edition (May 1, 2008) | 240 Pages | ISBN: 0137133782 | PDF | 1.1 MB
"This book couldn't be timelier. With hundreds of thousands of Americans expected to lose their homes because they took out mortgages beyond their ability to pay, it is clear that home buyers need assistance–beyond the reassurance of the mortgage broker trying to close the deal and get his commission. This book, written in an easily accessible manner, provides that assistance; it lays out the economics of buying, owning, and financing a home." –Joseph Stiglitz, Columbia University, 2001 Nobel Prize in Economics "The purchase of a home is the most significant investment decision confronting nearly all adults. Yet sound advice, untainted by the self–interest of real estate and mortgage brokers, is extremely scarce. In Houseonomics, the Smiths provide simple and understandable answers to the vexing questions surrounding homeownership, making it a valuable resource for anyone serious about their financial future." –Bryan White, Managing Director, BlackRock "Houseonomics offers great insights about how to think about homeownership…