31 of 35 people found the following review helpful
Saved our future,
This review is from: The Housing Trap: How Buyers Are Captured And Abused And How To Defend Yourself (Paperback)
This man saved my family from buying at the top of the market. Everyone (from the media and their statistics to our own family and friends) tried to convince us we were doomed if we didn't "get in on the game." We stayed out after reading Patrick's web site right before the crash. He was a lone voice of reason and everyone said HE was the crazy one. He ended up dead on. Everything he predicted came to pass. If we had bought we would be underwater right now, our retirement and savings gone and our credit destroyed. His writing is easy to understand and his book is full of real and useful information for both prospective buyers and current homeowners. A must read for anyone making this serious and life altering choice.
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Showing 1-3 of 3 posts in this discussion
Initial post: Oct 18, 2012 8:06:02 AM PDT
Curtis Cunningham says:
Me too! It was the end of 2007 and I was in escrow on the only house I could afford and I was reading and reading and reading Patrick's site and all around the market news having major doubts. While in escrow the rules changed such that you needed a minimum of 10% deposit instead of 5%. It felt like I literally saw the market go over the edge, the the tipping point of the market, and I bailed. How lucky I was - in the next 3 months it was mayhem, and the rest is history.
In reply to an earlier post on Dec 12, 2012 6:18:45 AM PST
Last edited by the author on Dec 12, 2012 6:19:51 AM PST
Dean Charles Marshall says:
Isn't the American Dream a wonderful "con game"? I mean seriously, I've never seen such a "monkey see, monkey do" phenomenon grab the hearts and minds of so many for so little, and with such reckless abandon.
Posted on Feb 10, 2013 11:13:52 AM PST
Mark R says:
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