Real Property Check

Real Estate Reality Check™ - Building Wealth in Real Estate

  • Buying
  • Selling
  • Financing
  • Investing
  • The Economy
Home Archives for Books
Gary Shilling Predicts Home Prices Will Fall Another 20%

realpropertycheck.com November 15, 2021

Gary Shilling Predicts Home Prices Will Fall Another 20%

A. Gary Shilling, who predicted the U.S. housing collapse and the Greek crisis of 2010, says house prices will fall another 20% before the market hits bottom. With excess inventory of unsold homes in the millions he sees no other way for house prices but down.

Massive Deleveraging

Shilling, who is president of the investment research firm A. Gary Shilling & Co. in Springfield, New Jersey, believes the Fed’s efforts in stimulating the economy will fail. He says that this recession is unlike the others: This time around, massive deleveraging is under way.

Savings rates will keep climbing as consumers realize they have not retained enough resources to retire on. Home equity withdrawals have already ceased as a result of falling house prices.

A Stock Market Sell Off Will Decimate Retirement Savings

Shilling also thinks the stock market is overvalued and we are in for a “significant” sell off within a year as the Federal Reserve fails in its efforts to stimulate economic growth. This will further decimate many Americans’ retirement savings.

No matter how hard the Fed tries, Shilling believes overall borrowing will continue to decrease.

Given his recent track record, you can’t dismiss him out of hand. He predicted the housing collapse. He foresaw the Greek crisis of 2010 and called for investors to short the euro only days before its spectacular collapse in early May.

Shilling sees this trend continue for at least another decade. He lays out his outlook in his new book, “The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation.”

Shilling’s predictions are in line with the outlook in the most recent research report by Zillow (we have a summary for you right here).

If the purchasing power of Americans keeps sinking and with it the rents, some seemingly cash-flowing real estate deals may turn out not to be such great investments. Prepare for the worst.

Please comment below.

Filed Under: Books, Buying, Investing, The Economy Tagged With: A. Gary Shilling, home prices, investment strategies

Rich Dad’s Conspiracy of The Rich – The 8 New Rules of Money

realpropertycheck.com October 31, 2010

Rich Dad’s Conspiracy of The Rich – The 8 New Rules of Money

Given the challenging and uncertain times we are living in, Rich Dad’s Conspiracy of The Rich – The 8 New Rules of Money by Robert T. Kiyosaki has never been more relevant.

Kiyosaki has earned some serious bragging rights with his earlier books. He foresaw the current real estate crisis and the collapse of the stock market. When the general consensus was that “your house is an asset” and “your house is the biggest investment of your lifetime”, he dared to challenge these popular views and predicted that by following this strategy, the middle class would get wiped out.

[Read more…]

Filed Under: Books Tagged With: building wealth in real estate, Robert T. Kiyosaki

realpropertycheck.com September 3, 2010

Commercial Real Estate Investing 101: How Small Investors Can Get Started and Make It Big (Book Rewiew)

Many successful real estate investors will tell you that now is the best time to buy, buy, buy real estate. This crisis presents a once-in-a-lifetime opportunity to get rich quickly if you know how.

But when the markets are in distress, when banks refuse to lend and sellers are desperate for cash, it is also no time to begin one’s real estate career unprepared (or, for that matter, to venture into any deal unless you do it thoughtfully).

David Lindahl's "Commercial Real Estate Investing 101: How Small Investors Can Get Started And Make It Big"

There are a few really amazing books out there which can prepare you to make the most of the opportunity a time like this represents. One of these books is David Lindahl’s “Commercial Real Estate Investing 101: How Small Investors Can Get Started and Make It Big”.

[Read more…]

Filed Under: Books, Buying, Financing, Investing, Other Stuff, Selling Tagged With: building wealth in real estate, commercial real estate, creative financing, David Lindahl, Donald Trump, due dilligence, improving your bottom line, property valuation, real estate investing

Categories

  • Apps (3)
  • Books (3)
  • Buying (25)
  • Financing (21)
  • Homeowners' Club (20)
  • Investing (24)
  • Other Stuff (9)
  • Selling (14)
  • The Economy (18)

Tags

bankruptcy building wealth in real estate code violations commercial real estate contingency clause deed deed in lieu of foreclosure delinquent loans double-dip Fannie Mae featured FHA foreclosure foreclosures Frank-Dodd bill Freddie Mac GNMA GSEs HAMP HARP home prices homestead IRS junior lien lease option lien loan modifications lot number mortgage mortgage originator no-docs loans notice of commencement phantom profits REO residential robo-signing Robo Gate second liens second mortgage seller financing taxes title company title insurance unsold inventory Zillow

Tags

bankruptcy building wealth in real estate code violations commercial real estate contingency clause deed deed in lieu of foreclosure delinquent loans double-dip Fannie Mae featured FHA foreclosure foreclosures Frank-Dodd bill Freddie Mac GNMA GSEs HAMP HARP home prices homestead IRS junior lien lease option lien loan modifications lot number mortgage mortgage originator no-docs loans notice of commencement phantom profits REO residential robo-signing Robo Gate second liens second mortgage seller financing taxes title company title insurance unsold inventory Zillow

Archives

  • December 2021
  • November 2021
  • July 2021
  • May 2021
  • April 2021
  • March 2021
  • January 2021
  • November 2020
  • November 2010
  • October 2010
  • September 2010
  • August 2010

Copyright © 2023 · Streamline Pro Theme on Genesis Framework · WordPress · Log in