Data. A recent book from Wharton’s Milken Institute Series on Financial Innovations is titled, Fixing the Housing Market. I expected the book would provide a brief review of what caused the crash, and then spend the bulk of the presentation on alternative solutions. Instead, the authors provide a lengthy historical framework and lots of global data. Their analysis of the data seemed shallow, and almost all of the book covers history and data. By the time the solutions were presented, they seemed vague and too generalized to be useful. Readers looking to understand housing over the past hundred years will find useful information here. Those looking for cogent recommendations for solving our problems should look elsewhere.
Rating: Two-star (Mildly Recommended)
Click here to purchase Fixing the Housing Market from amazon.com.