The Wall Street Journal Complete Home Owner's Guidebook: Make the Most of Your Biggest Asset in Any Market

David Crook, Author . Three Rivers $14.95 (260p) ISBN 978-0-307-40592-0

Crook, editor of the Wall Street Journal Sunday , offers a clear, no-holds barred look at the pros and cons of owning a home—rather than renting one from a bank via a mortgage—along with its ultimate costs. The author debunks popularly held views about the wisdom of viewing a home as a piggybank and how that can easily lead to financial disappointment. Owning a home is essentially an expense, he contends, providing repeated proof that few home buyers build accessible wealth through home ownership except in bullish real estate markets. His advice on making the purchase decision, especially in a weak housing market, along with how and when to use debt to do so, are invaluable. For those aspiring to own a home and those trying to manage the affordability of their biggest asset, this is a must read. It is applicable to home buyers and owners of all economic backgrounds, and in any phase of their financial life from the newly employed to the retired. (Dec.)

Reviewed on: 10/13/2008
Release date: 12/01/2008
Genre: Nonfiction
Open Ebook - 181 pages - 978-0-307-45315-0
Open Ebook - 171 pages - 978-0-307-45023-4
Paperback - 241 pages - 978-0-307-34562-2
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