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

In finance, corporate insiders have skin in the game whenthey use their own money to buy stock in the company they are running.The idea behind creating such a situation is to ensure that corporationsare managed by individuals who, like outside investors, actually share astake-and therefore risk-in the company.This multi-dimensional book highlights the impending risks in theUS financial system based on this concept-and in the property sector inparticular. If these risks are dealt with effectively, real estate in America willget its gallant groove back and be better prepared for inevitable crises inthe future. The following five unresolved problems in US real estate-andtheir 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 suggestionsfor coping with excessive debt risk in the US property market. There are alsocompelling discussions on topics from covered bonds to recommendationsfor reform in the real estate profession to specific strategies to guide propertyowners and investors through the post-crisis economic environment.For more information, please visit www.skininthegame.info