The Housing Trap: How Buyers Are Captured And Abused And How To Defend Yourself

Category: Real Estate
Author: Patrick Killelea


by sbenitoj   2017-09-11
This is an awesome site, visually depicting how unaffordable housing has become in so many parts of the US.

It's truly amazing how much the Fed (with perpetually low interest rates) and local restrictions on building (making it more expensive or impossible to build) have increased the cost of home ownership over the past 60 years.

Anyone who's seriously considering purchasing a home should read The Housing Trap by Patrick Killelea, it's a short, amazing overview of how we arrived in the situation we're in as well as a practical guide for when to buy vs rent housing.