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Books Related to Boom Bust Fred Harrison - ISBN: 085683243X
fred's being proved right - Rated
With UK house prices now crashing and many experts now foreseeing falls of up to 40% it looks like Fred Harrison is spot on with his predictions so far. He seems to be one of the few who have got the timing of the bubble bursting just right.
High on opinions, Low on substance - buy something else - Rated
hmmm. not an impressive read. The Author alleges to build a case to 'prove' his 18 year economic cycle theory. The 'proof' offered is poor and not convincing. I had hoped for much more than the repeated Mantra of the 18 year cycle, I get the feeling that if he states it enough as fact, then it must be true. Having recently read "The Black Swan" by Taleb, then 2010 was a real disappointment.
I suppose I should have submitted this review after reselling my copy on Amazon. oops.
My Very Own Crystal Ball - Rated
A very interesting read. I purchased this book in mid 2006 and so far everything that was predicted has come true. According to Harrison we are in for two tough years in the property market. 2008 and 2009 will see a downturn, however, come 2010 the market will once again turn. Currently I would love to move into a larger house but believe you me until January 2010 I'm staying put.
Scarily accurate so far - Rated
I read this book 6 months ago, and in the past few months have started to see signs that suggest the author is correct in his suppositions. An essential read for anyone considering buying a property in 2007-2008.
The coming depression - how low will he go ? - Rated
As a prominent proponent of the Land Value Tax it is intriguing to find that Fred Harrison comes down on the side of both private ownership and economic growth. For him the value of the land is essentially as a material resource and this distinction forms the basis of his thorough analysis of the housing market in the context of a modern capitalist economy. Alan Greenspan and Gordon Brown are criticised for their failure to acknowledge the effect of land speculation on modern predicitve methods. For all his detailed analysis of the cyclical trends of boom and bust he nevertheless maintains that economics is not an exact science.
