$2.49 with 89 percent savings
List Price: $21.95

The List Price is the suggested retail price of a new product as provided by a manufacturer, supplier, or seller. Except for books, Amazon will display a List Price if the product was purchased by customers on Amazon or offered by other retailers at or above the List Price in at least the past 90 days. List prices may not necessarily reflect the product's prevailing market price.
Learn more
$5.45 delivery May 21 - 22. Details
Only 1 left in stock - order soon.
$$2.49 () Includes selected options. Includes initial monthly payment and selected options. Details
Price
Subtotal
$$2.49
Subtotal
Initial payment breakdown
Shipping cost, delivery date, and order total (including tax) shown at checkout.
Ships from
Triple C.
Ships from
Triple C.
Sold by
Sold by
Returns
Eligible for Return, Refund or Replacement within 30 days of receipt
Eligible for Return, Refund or Replacement within 30 days of receipt
This item can be returned in its original condition for a full refund or replacement within 30 days of receipt. You may receive a partial or no refund on used, damaged or materially different returns.
Returns
Eligible for Return, Refund or Replacement within 30 days of receipt
This item can be returned in its original condition for a full refund or replacement within 30 days of receipt. You may receive a partial or no refund on used, damaged or materially different returns.
Payment
Secure transaction
Your transaction is secure
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
Payment
Secure transaction
We work hard to protect your security and privacy. Our payment security system encrypts your information during transmission. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Learn more
Kindle app logo image

Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.

Read instantly on your browser with Kindle for Web.

Using your mobile phone camera - scan the code below and download the Kindle app.

QR code to download the Kindle App

Something went wrong. Please try your request again later.

House Poor: Pumped Up Prices, Rising Rates, and Mortgages on Steroids: How to Survive the Coming Housing Crisis Hardcover – November 1, 2005

4.2 4.2 out of 5 stars 10 ratings

{"desktop_buybox_group_1":[{"displayPrice":"$2.49","priceAmount":2.49,"currencySymbol":"$","integerValue":"2","decimalSeparator":".","fractionalValue":"49","symbolPosition":"left","hasSpace":false,"showFractionalPartIfEmpty":true,"offerListingId":"9ibTHt5g842FPWFYLB%2FvdfkKFul8XtJ5nBYEuYe%2BoCNXmhA2XQ7N%2BaAKjjIItWshoYiVsknHeFLak7bgGJrVyyBkLjzBft2Ytvennxst1lF4J0yPXDTnge%2Bs96I0ebLtCNfJYU%2FVX4XLA65yGp%2B%2FCyQn8C%2F5edYiqX65GT5bp31c6t1tq5tEqcu%2Ff3nUiVdp","locale":"en-US","buyingOptionType":"NEW","aapiBuyingOptionIndex":0}]}

Purchase options and add-ons

Skyrocketing home values, cheap money, and enticing home equity offers in recent years ... millions of us took on bigger mortgages, bigger houses, and bigger debt. But disturbing signs point to the end of the housing bubble:

  • Home sales and starts are at all-time record highs;
  • In some markets, prices have ballooned by over 100% in the past few years;
  • Interest rates are rising, while consumer debt stands at a record 110% of disposable income;
  • In some cities, real estate investors are creating "vulture capital" funds to buy condos cheaply when the market collapses.

This indispensable survival guide will address questions that include:

  • Should I take equity out of my house in these uncertain times?
  • If the U.S. market tanks, how can I sell to foreign investors?
  • How can I tell when my hometown is likely to boom or bust?
  • Is it too late to buy as a first-time home-owner? How about as an investor?
  • What are the best tips to protect my home investment?
  • What are the best tips to increase my investment?
  • Should I just get out of the market now while prices are still hot?
  • Where are America's most vulnerable housing markets?

Today's real estate developments could make you house poor, but this is the book to keep you house proud.

Read more Read less

Amazon First Reads | Editors' picks at exclusive prices

Editorial Reviews

From Booklist

Fletcher, who writes the "Home Front" feature for the Wall Street Journal, puts the current housing market hype into perspective in this guide for owners and investors alike. Though written during a two-month period last spring, her book is, nonetheless, packed with an enormous amount of information and advice. Is the market bubble about to burst? What kind of financing is best for me? How much value does a room addition really add to a property? What's the advantage (or disadvantage) of a zero-interest loan? Fletcher answers the questions, defines the terms, and introduces a host of financial options clearly and concisely, making plenty of suggestions to help home owners and investors sail confidently through the slowdown most analysts predict is on the horizon. Summaries in the form of "Survival Tips" are handy chapter refreshers, and an extensive bibliography of books, articles, and Web sites opens the way to a wealth of additional information, whether an individual is considering refinancing, preparing to sell, or thinking of investing big in the housing market. Stephanie Zvirin
Copyright © American Library Association. All rights reserved

About the Author

June Fletcher has been the Home Front feature reporter for the Wall Street Journal since 1995. In 2005, she also started writing the weekly "House Talk" column for realestatejournal.com, an online section of the Journal.

Product details

  • Publisher ‏ : ‎ Harper Business; First Edition (November 1, 2005)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 224 pages
  • ISBN-10 ‏ : ‎ 0060873221
  • ISBN-13 ‏ : ‎ 978-0060873226
  • Item Weight ‏ : ‎ 1 pounds
  • Dimensions ‏ : ‎ 6 x 0.81 x 9 inches
  • Customer Reviews:
    4.2 4.2 out of 5 stars 10 ratings

About the author

Follow authors to get new release updates, plus improved recommendations.
June Fletcher
Brief content visible, double tap to read full content.
Full content visible, double tap to read brief content.

Discover more of the author’s books, see similar authors, read author blogs and more

Customer reviews

4.2 out of 5 stars
4.2 out of 5
10 global ratings

Top reviews from the United States

Reviewed in the United States on October 8, 2013
Great source for those in the housing market. If you are in the market, always keep a copy close by.
Reviewed in the United States on July 13, 2006
For those with little understanding of the housing market this would be a good primer. For those looking for more analysis of real estate and its impact on the economy you would be better served to look elsewhere.
2 people found this helpful
Report
Reviewed in the United States on December 6, 2005
I am now in the process of buying my 7th house in 25 years. If I had known much earlier some of the things I now know from having read "House Poor," I would have avoided mistakes, saved money, and come out ahead.

The book offers solid, well supported advice about home ownership in 21st century America. The advice is practical, clear, and up-to-date. It reads quickly--in part because of the numerous examples of home buyers and sellers from around the nation--but unlike many such books, it seamlessly integrates a large volume of data from authoritative sources to support conclusions and recommendations. I found especially useful the discussion of the dizzying array of mortgage options now being pushed at consumers. And I found reassuring the distinctions made among the various markets around the US--reassuring because I live in the Midwest where the real estate market is heated but not super-heated.

Fletcher writes with an engaging and fluid style, moves logically from one topic to another, and delivers the kind of information that both first-time and veteran home owners will find valuable.
10 people found this helpful
Report
Reviewed in the United States on August 14, 2007
Ms. Fletcher made an excellent case for a coming collapse in housing, based on the historical real estate cycle. She details very well the similarities and the differences between the current real estate cycle and those that came before it.

The book provides survival strategies for the more common real estate scenarios in anticipation of the inevitable land bust. She devotes one chapter each to such topics as buying a home, selling a home, financing a purchase (and the inevitable trouble with ARMs), foreclosure, and buying real estate abroad, among other things. Each chapter has a list of survival strategies, and ends with a survival summary list. I especially liked the list of useful websites at the end of the book, which I am perusing for more information on the land game.

I found the book to be eerily prophetic. However, the author used the doomsaying hook to put before the reader a book on buying (and selling) smart on the eve of a collapse in real estate valuations. Given her more than two decades of experience in and around real estate, and the recent events in the real estate space, she has definitely proven to me that she knows of what she speaks.

Given that this edition of the book is currently out of print, the book (or at least the majority of its contents) may be masquerading as the book, House Poor: How to Buy or Sell Your Home Come Bubble or Bust, which is currently in print.
Reviewed in the United States on December 9, 2005
Finally, someone cuts through all the get-rich-quick schemes and rejects the gloom-and-doom naysayers and looks at real estate with a little realism and common sense. Doing well in real estate is not just about "location, location, location" it's also about the state of the economy and timing and keeping an eye on the market, as Fletcher points out. It's a cycle and this book tells you how to figure out where you are in it so that you don't buy too high or sell too low. This is a very helpful, well-written and accessible book with some some good, solid analysis and sound advice. Bubbles may come and bubbles may go, but House Poor will be here for the long run.
6 people found this helpful
Report
Reviewed in the United States on December 11, 2005
This book is important because it is survey of the real estate market as of now, i.e. a period where certain investments (especially residential real estate in particular markets), are becoming high risk. However there is also timeless advice in the book, and she also touches on subjects that are not frequently discussed, ie. alternative real estate investments from international to condo-hotels to commercial. A lot of information can be learned from this book. I recommend it for anyone considering buying any kind of real estate.
6 people found this helpful
Report
Reviewed in the United States on November 8, 2005
I read "House Poor" and thought that here, finally, was the first book in a long time which offered practical advice for real estate buyers and sellers. This book does not purport to create millionaires overnight, but it does suggest a number of sensible strategies that can improve the odds of getting a good deal whether the local market moves up, down or stays fairly level.

Also, the book is clearly written. There's no jargon, the chapters are in a logical order and the book is filled with references and real-life examples.

I liked "House Poor" and I suspect most readers will like it as well.
7 people found this helpful
Report
Reviewed in the United States on November 9, 2005
I was very pleased by the amount of information that was given in the book with regard to what does and does not positively evaluate my home. Information such as renovation resale prices was crucial for me to learn, and this book had that in spades. Additionally, the information provided on how to take advantage of the housing market as the market is cooling down is essential. People who want to know what to do in case of a housing bubble would be strongly advised to find the info contained in House Poor.

I strongly recommend this book. Your wallet may thank you for it.
6 people found this helpful
Report