Real Estate Is the World: Open the Door to Intergenerational Wealth Through Homeownership PDF Download
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Author: Christopher Cadet
Publisher: Cadet Enterprises
ISBN: 9780578505145
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
A home provides much more than shelter, but often we do not see the value in purchasing a home outside of the security and comfort it provides. Chris shows readers the common pitfalls to avoid when homeownership is within reach. He touches on how to leverage your home to create earning potential. He covers how purchasing a home can become an instrument of wealth for future generations. Chris' aim is to equip the reader with techniques to harvest the equity in their home for later income. One of his purpose's is to shed light on the opportunities that home ownership offers beyond immediate gratification. He wants to empower readers to use their resources to expand their earning potential. In his book, Chris cadet explores the route to homeownership and the steps to achieve the "American Dream". He shows how owning a home can translate into generational wealth and how to purchase an asset instead of liability. The American Dream is possible. Homeownership can be yours too!
Author: Christopher Cadet
Publisher: Cadet Enterprises
ISBN: 9780578505145
Category : Business & Economics
Languages : en
Pages : 152
Get Book Here
Book Description
A home provides much more than shelter, but often we do not see the value in purchasing a home outside of the security and comfort it provides. Chris shows readers the common pitfalls to avoid when homeownership is within reach. He touches on how to leverage your home to create earning potential. He covers how purchasing a home can become an instrument of wealth for future generations. Chris' aim is to equip the reader with techniques to harvest the equity in their home for later income. One of his purpose's is to shed light on the opportunities that home ownership offers beyond immediate gratification. He wants to empower readers to use their resources to expand their earning potential. In his book, Chris cadet explores the route to homeownership and the steps to achieve the "American Dream". He shows how owning a home can translate into generational wealth and how to purchase an asset instead of liability. The American Dream is possible. Homeownership can be yours too!
Author: Xiao Di Zhu
Publisher:
ISBN:
Category : Estate planning
Languages : en
Pages : 56
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Book Description
Author: Donna J Rogers
Publisher: Bowker Identity Services
ISBN: 9780578663128
Category :
Languages : en
Pages : 84
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Book Description
Did you know homeownership is a key to building wealth? Yet the rate of black homeownership and wealth is the lowest amongst all races in the US.Who Got the Keys? Building Generational Wealth through Real Estate was written to expose and educate black teens on the fundamentals of the real estate industry to increase the rate of black homeownership and wealth. The goal in sharing this knowledge is that today's teens will become tomorrow's homeowners and investors. This book provides youth with the keys to unlock: -the importance and history of black homeownership-how to buy up the block through real estate investing-how to make unlimited and multiple streams of income within the real estate industryAs teens complete this book, they will begin to develop an ownership mindset. This shift in mentality can both empower and prepare them to obtain and maintain wealth through real estate, an asset that can be passed down through many generations.
Author: Xiao Di Zhu
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 32
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Book Description
Author: N. Meltem Daysal
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across generations. Prior research has found an intergenerational correlation between 0.2 and 0.4 and has emphasized the role of family characteristics in driving this correlation. We contribute to this literature by examining the intergenerational transmission of wealth changes, which allows us to isolate the causal effect of wealth shocks from predetermined parental preferences and household characteristics. Using Danish Register Data, we examine the effect of home price changes that occur between ages 0-5, 6-11, and 12-17 on the value of the home children own at ages 29-33. For the youngest age group, we find that 12.7% of each Krone of home price change is transmitted to housing wealth in adulthood. The transmission rate for the 6-11 age group is higher, at 20.5%, and there is no transmission of home price changes that occur during the teenage years. Examining mechanisms, we find that home price increases in the first two age groups lead to modest increases in home ownership and educational attainment. There also is an increase in non-housing wealth, income, and partner wealth for the middle age group. Income and education can explain only 20-30% of the intergenerational transmission we document. We argue that our results largely reflect changes to parental/household behaviors and preferences that are passed down to children and cause them to accumulate more housing wealth in young adulthood.
Author: Aaron Glantz
Publisher: HarperCollins
ISBN: 0062869558
Category : Business & Economics
Languages : en
Pages : 448
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Book Description
“[I] can’t recommend this joint enough. ... An illuminating and discomfiting read.” —Ta-Nehisi Coates "Essential reading." —New York Review of Books A shocking, heart-wrenching investigation into America’s housing crisis and the modern-day robber barons who are making a fortune off the backs of the disenfranchised working and middle class—among them, Donald Trump and his inner circle. Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said. But our future president wasn’t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes—their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money—and the Obama administration’s promise to cover their losses. In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn’t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.
Author: Mariacristina Rossi
Publisher: Palgrave Pivot
ISBN: 9783319925578
Category : Business & Economics
Languages : en
Pages : 122
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Book Description
In almost every country, wealth is predominantly constituted by housing equity, but what are the possible risks and how does wealth accumulation vary across countries? In this timely book, Rossi and Sierminska analyse the complex relationship between gender, wealth and homeownership. By providing a conceptual framework to insert homeownership and housing decisions within an economic rationale, the authors explore how gender and family types have shaped wealth accumulation and homeownership.
Author: Viola Hilbert
Publisher:
ISBN:
Category : Political planning
Languages : en
Pages : 100
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Book Description
Throughout the twentieth century, policy makers have portrayed homeownership as an inseparable part of the American Dream and Presidential administrations have aimed to increase homeownership rates. Research has focused on comparing the financial outcomes of homeowners to renters, finding that the purchase of a home is more beneficial. Yet, not least the recent burst of the housing bubble demonstrated that tying all wealth in one illiquid asset can bear significant financial risks. Due to higher house price appreciation, regressive federal subsidies, and lower exposure to predatory lending practices, higher income households might benefit from homeownership disproportionately. To analyze the relationship between homeownership and wealth, I compiled a dataset using data from the American Community Survey and Census to match with home value and mortgage debt data at the county level and MSA level. Examining homeownership rates in 2000 and changes in housing wealth 2000-2014, I analyze the financial merits of homeownership for lower and higher income Americans, taking local housing markets into consideration. I find that higher homeownership rates increase housing wealth in higher income counties only and find no effect of homeownership rates on wealth inequality.
Author: Or Cohen Raviv
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Reinhold Martin
Publisher:
ISBN: 9781941332221
Category : Architecture
Languages : en
Pages : 238
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Book Description