Summary
Sell Now! offers a controversial and convincing new explanation of why house prices have been driven to unsustainable highs by government policy and banking interests, and examines what will happen when the bubble deflates. This important and timely book answers the key questions for millions of American homeowners wondering how much their house is really worth, and will prices keep going up? The book addresses: Why are the Fed, Fannie Mae, and Freddie Mac keeping interest rates low and driving consumers to adjustable rate mortgages? What happens when rates on those mortgages rise quickly? How bad can it get? What to do about it, when, and how. John R. Talbott brings years of experience in investing and economic trend-spotting to bear on these key issues.
Author Biography
John R. Talbott is a bestselling author and a visiting scholar at UCLA’s Anderson School of Management. He formerly serves as an investment banker for Goldman Sachs. His previous book, The Coming Crash in the Housing Market, was an amazon.com and Business Week bestseller that accurately predicted the financial and management problems that developed at Fannie Mae and Freddie Mac, our largest mortgage providers.
Table of Contents
Author's Note |
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vii | |
Introduction |
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ix | |
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Can We Predict Home Prices? |
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1 | (20) |
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21 | (11) |
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More Evidence from the Cities of the World |
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32 | (12) |
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Can You Say ``Conspiracy''? |
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44 | (12) |
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Why Eight Popular Theories Fail to Explain the Boom |
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56 | (22) |
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Is Government Regulation Preventing New Home Construction? |
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78 | (13) |
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The Real Culprit---Overly Aggressive Banks |
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91 | (21) |
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112 | (7) |
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119 | (17) |
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136 | (10) |
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146 | (15) |
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161 | (14) |
References |
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175 | (6) |
Index |
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181 | |