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Updated 12 months ago,
Any book recommendation on these topics?
Hello!
I am starting to invest large sums of my net worth into real estate (SFR, or single family homes) in a city in California. I am investing for the long run, looking for safety and long term appreciation. This got me thinking about the economics and history of real estate prices in general, more specifically:
- What drives the values of properties in the long run in certain cities and why?
- What are some cautionary tales of large price declines in certain some cities and how to avoid that?
- What metrics are used evaluate if a SFR considered overvalued and undervalued by historical standards?
- And, most importantly, what books do you recommend that can answer the questions above and talk about related subjects.