Jim Randel has created a brilliant and super simple book called the The Skinny on the Housing Crisis. The book talks simply about how we came about this mess of a Housing Crisis we like to call it. The story is told from a young couple’s viewpoint on buying a home with a mortgage and getting foreclosed on a year later.
If you ever wanted to know the WHOLE process from the very beginning of finding a home with a Real Estate agent to the nuts & bolts reasoning behind Wall-Street and the Finance World to the end result of the Bubble, then this is the book for you. Even if you already are a homeowner or thinking about buying a home, this book brilliantly displays the whole concept in a super simple format to understand.
The great concept behind this book is that is beautifully illustrated in this 168 page book with 2/3rds in Stick-Figure picture format making this an easy concept to grasp that even a 5th grader can understand.
This reminded me of the Sub-Prime Stick figure video that was being passed around the net talking about how Sub-Prime came about, the same concept is applied here and was actually inspired from the famous Japanese Manga stips they have out there.
The housing and finance industry can be very boring and dull to most of the world but Jim’s book really makes it in layman terms so that everyone can understand the concept of the housing crisis. Simplicity is key and I believe because of this successful recipe the book is a must own to everyone who is looking to buy a house or anyone who has a home currently.
It’s quite SIMPLE, just leave a comment on this post and just make sure you fill in your e-mail address and name. I will use a computer generated randomizer to pick a random comment and send the lucky blog commenter the book….
This book is amazing and has taught me a few things I didn’t know about the credit card industry and provided me insight on how to not get caught up in the credit card game!
The Real Estate world was hoping for the $15,000 tax credit that was provisioned in the Stimulus Bill of 2009 set forth by President Obama. Unfortunately, the House has negotiated to remove the $15,000 tax credit and replace it with a more moderate provision instead.
The 2009 Tax Credit is an $8,000 tax credit for First Time Home Buyers just like the previous tax credit fo $7,500 but even better mainly due to that you don’t have to repay this credit back.
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