What is the best property book to read?

[numbercruncher]

You forgot the multi-generational Mortgages like they have in Japan

Yes and once they can longer borrow from the next Generation, they'll borrow from the next Centuary's generation, enslave em for eternity! Just print more and lend more, Fiat currency aint no scam, it controls the masses!

 

[Temjin]

Have to add that like Realist, I am looking for a similar, no-bull**** book on real estate. But also agree with wayneL that it is not realistic to expect a "realistic" book on investing in real estate during booming times.

However, having read quite a number of trading and other investment books already, my experiences tell me it is absolutely important to keep an open mind on all info and still remain skeptical at them until they can be proven otherwise. Just keep your knowledge up to date on the big picture and learn the bits and pieces from investing real estate.

For example, where to find the best growth spot, highest yield, taxation, managing a property, etc. Then use your own judgement to see if it is worth it to pursue such investment opportunity over investing in the share market.

Personally, I'd rather spend more time and effort in the share/future market than real estate RIGHT NOW for reasons I'm sure alot of ppls here are aware of already. Though I would keep an open mind on real estate in the future when it becomes more attractive again. So yep, can't wait for the next crash though.

 

[nizar]

Though I would keep an open mind on real estate in the future when it becomes more attractive again. So yep, can't wait for the next crash though.

When was real estate last attractive?

 

[insider]

Have to add that like Realist, I am looking for a similar, no-bull**** book on real estate. But also agree with wayneL that it is not realistic to expect a "realistic" book on investing in real estate during booming times.

However, having read quite a number of trading and other investment books already, my experiences tell me it is absolutely important to keep an open mind on all info and still remain skeptical at them until they can be proven otherwise. Just keep your knowledge up to date on the big picture and learn the bits and pieces from investing real estate.

For example, where to find the best growth spot, highest yield, taxation, managing a property, etc. Then use your own judgement to see if it is worth it to pursue such investment opportunity over investing in the share market.

Personally, I'd rather spend more time and effort in the share/future market than real estate RIGHT NOW for reasons I'm sure alot of ppls here are aware of already. Though I would keep an open mind on real estate in the future when it becomes more attractive again. So yep, can't wait for the next crash though.

If interest rates climb more and more... we will see that crash... It will happen

 

[insider]

Check the Aussie Stock Forums online book Store

 

[Kimosabi]

If interest rates climb more and more... we will see that crash... It will happen

Interest Rates aren't going to crash Australian Property, institutions not wanting to buy the CDO's (Collateralised Debt Obligations - Mortgage Debt Investments/Securities) after seeing what is happening in the US is going to kill property.

If the Mortgage companies can't get the Money they need to lend out for Mortgages, nobody is going to get a loan, no matter how good their credit is, this is caused a Credit Crunch.

 

[trading_rookie]

I'd keep away from Margaret Lomas then...having read one of her books, you can say she bags out share investing a fair bit

Lowy is tremedous though, I totally agree. And he did it in Australia.

Maybe...but even Westfields Group has come to the fruition that to make more money they need to expand overseas.

Did they buy or lease the ground floors in the twin towers, NY?. They're also/or already have opened up a new shopping complex in London.

 

[robots]

If the Mortgage companies can't get the Money they need to lend out for Mortgages, nobody is going to get a loan, no matter how good their credit is, this is caused a Credit Crunch.

hello,

you wonder why I address what is written, come on you serious?

thankyou

robots

 

[Temjin]

When was real estate last attractive?

The last boom perhaps? The Risk/Return was greater than the share market back then, at least from a normal investment point of view. It's not now, or just tougher, so I'm staying away.