Skin in the Game: The Past, Present, and Future of Real Estate Investments in America

Debt is the cocaine of investors and governments. If you want to understand why financial crises happen, Skin in the Game is indispensable. This multi-dimensional book highlights the lingering risks in the US over-leveraged property sector. If these risks are not dealt with effectively, real estate investors in America will be unprepared for the next inevitable financial crisis. The following five unresolved problems in US real estate-and their suggested solutions-are discussed in detail in the book: 1. Misconceptions about housing. 2. Negative home equity. 3. Delinquencies, defaults, and foreclosures. 4. Commercial debt maturities. 5. Private-label mortgage-backed securities. Included are timely advice, new perspectives, and practical suggestions for coping with excessive debt risk in the US property market. There are also compelling discussions on topics from covered bonds to recommendations for reform in the real estate profession to specific strategies to guide property owners and investors through the current volatile economic environment.