John R. Talbott’s new book The Coming Crash in the Housing Market makes a case that we are in a residential housing bubble, and offers some steps that home owners might take to protect themselves from what he sees as an inevitable fallout. To his credit, he sees what very few analysts of the housing market see - that the government-sponsored enterprises Fannie Mae and Freddie Mac are the chief culprits in driving the bubble. The book is an easy read. Talbott does a good job pulling together a lot of statistics to make his points.
