PDF The Casey Report

The Casey Report

E.B. Tucker

How to profit from collapse

? Everyone knows what's already happened ? Few people can figure out what happens next ? Think about incentives... ? What will people do next? ? These "people" will be customers somewhere...

% of population owning residence 1965 1967 1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

Housing Bust - Landlords

Win

U.S. Home Ownership Rate

Easy credit meant everyone was a qualified buyer....

70.0

69.0

68.0

67.0

66.0

65.0

64.0

63.0

62.0

"A large group of people that should not have

61.0

purchased homes will become renters and stay

60.0

renters for a decade"

59.0

Source: Federal Reserve Bank of St. Louis

Nobody Wanted Rental Property

It's Lonely At The Bottom

? April 2008 ? Mortgaged for $170,100 ? April 2009 ? Lis Pendens Filed ? October 2009 ? Judgement granted $181,880.63 ? January 2010 ? Courthouse auction $28,000 ? February 2010 ? E.B. buys for $33,000 ? October 2015 ? Total rent received $75,329.78

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