The Housing Boom and Bust (Hardcover)

The Housing Boom and Bust

This is a plain-English explanation of how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The “creative” financing of home mortgages and the even more “creative” marketing of financial securities based on American mortgages to countries around the world, are part of the story of how a financial house of cards was built up—and then suddenly collapsed.The politics behind all this is another story full of (more…)

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The Author

Rich Fleetwood

Rich is the founder of SurvivalRing, now in it's 24th year, author of multimedia CDs and DVDs, loves the outdoors, his family, his geeky skill-set, and lives in rural southern Wyoming, just below the continental divide (long story, that...). Always ready to help others, he shares what he learns on multiple blogs, many social sites, and more. With a background in preparedness and survival skills, training with county, state, and national organizations, and skills in all areas of media and on air experience in live radio and television, Rich is always thinking about the "big picture", when it comes to helping individuals and families prepare for life's little surprises.


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  1. 5.0 out of 5 stars
    Very clear, insightful and cogent arguments
    I enjoyed reading the book a lot ! The main weakness in my view is that some trivial points are explained in more details than I needed but that can be a great thing for a lay…

  2. 5.0 out of 5 stars
    Necessary read for all Americans. I pray that Obama reads this book.
    YOU NEED TO READ THIS BOOK. It presents the facts about the economic and political problems this country is facing.

  3. 5.0 out of 5 stars
    Good analysis of the debacle
    This is not a treatise on the subject, but an essay, so people complaining about non-inclusive treatment of all possible facets are wrong.

  4. 5.0 out of 5 stars
    Right on the money!
    Thomas Sowell gets it absolutely right!! He concretely explains what went wrong and who is responsible.

  5. 5.0 out of 5 stars
    Timely, important, honest and accurate
    With the death of Milton Friedman, 79 year-old Dr. Thomas Sowell is currently America’s foremost economist.

  6. 5.0 out of 5 stars
    how could it do anything but bust
    Thomas always explains things in a way that I can understand. i have done some of own research on the housing bust.

  7. 5.0 out of 5 stars
    Thomas Sowell has written a coherent explanation of the root causes of our present economic turmoil using learning, wisdom and common sense.

  8. 5.0 out of 5 stars
    The Housing Boom and Bust
    This was the best book I have ever read concerning the housing diaster. I love how it goes into detail of how this actually started back in the 70’s.

  9. 5.0 out of 5 stars
    A saga of criminal stupidity. My copy turned fluorescent yellow from highlighting.
    To those who have taken even one course in Economics the root of the problem is obvious: the U.S. government decreed that housing would be affordable –without any regard to the…

  10. 5.0 out of 5 stars
    Read This Book Before You Vote in 2010
    I’ve admired Thomas Sowell’s work for a long time. This book offers a clear explanation of a complicated situation. It is highly credible and easy to understand.

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