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1、PraiseforHouseonomics“TheSmithshavedonetheirhomework,andwiththeirnewbookyoucandoyourstoo—onwhat,formostfamilies,isthemostimportantinvestmentpeopleevermake.Theircarefulanalysistakesaccountofimportantelementsofthehousingdecisionthatevenmostso-calledprofessionaladvisersoverlook.Andtheirwritingiscl
2、earandeasytounderstand.TheirbookshouldhelpmillionsofAmericanfamilies.”—BenjaminM.Friedman,WilliamJosephMaierProfessorofPoliticalEconomy,HarvardUniversity,Author,TheMoralConsequencesofEconomicGrowth“Houseonomicsprovidesthemostintuitiveframeworkforunderstandingthepowerofrealestateinvesting.Itisag
3、reattoolkitforfirst-timehome-ownersandseasonedrealestateinvestors.”—MattThompson,DirectorofBusinessDevelopment,SonyPicturesTelevisionInternational“Recentstudiesshowthatmorethan98%ofallhomeownershadgainsinthepurchaseoftheirhomeiftheyhaveowneditmorethanfiveyears.Thenumbersdropmeasurablyforthosewh
4、ohaveownedforlessthantwoyears.Houseonomicsisamongthefirstbookstoinformcur-rentandfuturehomeownersthatowningahomeshouldneverbeseenasashort-termspeculativeinvestment,butratherasoundlong-termone.Thisisasimpletoreadbutpowerfulreminderofthebenefitsofhomeownershipalongwithusefultipsonhowtonavigatethr
5、oughtheprocessofbuyingandselling.”—SteveMurray,Editor,REALTrends,Coauthor,TheConsumerTsunami“Houseonomicsispackedwithinsightsforanyonewhoownsahomeoristhinkingaboutbuyingahome.The“HomeDividend”isanoriginalandinvaluablewayofthinkingabouthomes.Houseonomicsopenedmyeyes;itwillopenyourstoo.”—ChrisDia
6、lynas,ManagingDirector,PacificInvestmentManagementCompany(PIMCO)“Housenomicsisessentialreadingforanyoneconsideringpurchasingahome.ItexplainswhyowningahomeisthebestinvestmentmostAmericanswillevermake,andclearlylaysoutineverydaylanguageandeasy-to-follownumericalexamplesallofthefinancialprinciples
7、associatedwiththepurchaseandsaleofresidentialrealestate.Thebookanswersquestionssuchashowtopickthebestmortgage,howmuchmoneyonesavesbyowningratherthanrenting,whetherremodelingisagoodeconomicinvestment,howtaxbreaks,leverageandcompoun
