The subprime mortgage meltdown and subsequent credit crisis has not only destroyed investor wealth, but altered the landscape of real-estate investing. While some of yesterday's most favored strategies will not work going forward, today's savvy real-estate investors can still find great opportunities for growth and profits - if they understand how recent events could shape this industry over the next few years, and into the coming decade.
In After the Fall, real-estate expert Steve Bergsman offers a detailed look at the state of various market sectors - including commercial, residential, and leisure real estate - and provides direction as to where they are headed, so you can make the right decisions on property investments during the coming years.
According to Bergsman, the next decade will produce multiple investment currents. This reliable resource will help you find the right current and stay the course for a long, profitable ride. By separating the asset classes that will remain stable from those that will continue to lose value going forward, Bergsman provides much-needed guidance on the changing real-estate marketplace.
Divided into five comprehensive parts, and filled with interviews of experienced professionals in this fast-moving field, After the Fall puts numerous individual asset classes in perspective - from office and retail to single-family homes and condominiums - and touches upon "megatrends" such as the green revolution and infill development that will be a big part of this industry's future.
Focusing on the forces that have affected the market, Bergsman skillfully addresses individual real-estate sectors based on historical paths, movement of data fundamentals, market analysis, and collective opinion.