Summary of Spencer Rascoff & Stan Humphries's Zillow Talk - E-book - ePub

Please note: This is a companion version & not the original book. Sample Book Insights: #1 People still believe that buying a house is the best way to grow your money, even though the housing market has bottomed out and foreclosures are still on the rise. #2 According to data compiled by the World Bank, the US stock market is worth more than $18. 7 trillion. The housing market is even bigger, with estimates suggesting that the value of America's housing stock is more than $25. #3 The returns on real estate are better than stocks.
The risks are lower, and the benefits are more significant. #4 The idea that young professionals should rent while happy families in the 'burbs should own is rooted in popular culture and the expectations of our family and friends. But our thinking about homeownership is mostly based on sentiment.