Income-property
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perfect
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Looking for a place to live for all
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Ivory tower view.
How to save capitalismGates argues that the increasingly finance-driven economy has changed the face of capitalism, a phenomenon that has accelerated in recent years. The author shows how the decisions made by detached financial managers results in a system that mainly rewards investors who, by definition, are already wealthy. The speed with which these investments can be reallocated purges the economy of do-good business managers who might choose to devote resources to so-called nonproductive means (such as worker benefits or environmental protections), meaning that workers and society consistently end up losers in this game. Gates believes that the resulting worker insecurity and the marginalization of ever-larger segments of the population ultimately threatens the long-term viability of our democracy.
In contrast, Gates believes that broadening ownership will allow more citizens to feel connected to their workplace and community. His proposals are imaginative but appear to be doable; in fact, some are being practiced in limited form in various places. Here, Gates' writing is at its best. You'll enjoy reading about how DSOPs, GSOPs, CSOPs, RESOPs, VSOPs and yes, ESOPs can help to revitalize the economy and repair our frayed society. Gates suggests that what is needed is the political will to promote these solutions on a larger scale in order to have greater impact and make a difference in people's lives.
Interestingly, a writer in Forbes magazine recently remarked in a condescending manner that ESOPs represent an odd mixture of capitalist and socialist ideas. This suggests to me that the idea has merit. A capitalism that only succeeds in rewarding the top executives of Enron and Citicorp with lavish pay-outs is not sustainable nor is it worth saving. But a capitalism that rewards hard-working employees and consumers with the greater prosperity that comes with earning an ownership stake, as envisioned by Gates, is certainly worth striving for. To that end, I heartily recommend Gates' book to all who are looking for ideas to help save capitalism and to secure the future of our society.
The Ownership Solution succeeds brilliantly....
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Not your first real estate book, but very valuableWho is this for? People who have read (or done) enough real estate that they don't need yet another book of the details. People who want (or need) to be reminded to think about the larger plan, where they are going, and how to optimize your strategy for best results. I'm a business strategist professionally, and I think this is well written and useful. Some of the people who appreciate it the least ("just do it" types who want to be handed simple answers) would benefit the most from this very good summary of real estate strategic thinking. It's true, you do need to dive in and "just go do it" to make RE work. But thinking about the issues in this book will probably make any RE campaign significantly *better*. Good luck, to each of you.
Create value, Increase net income
Great book for beginners or pros
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Some good ideas but too long and overly generalanoyingly talks down to the reader. Common Sense Forestry by Hans Morsbach covers much of the same material with a clear and concise style and also manages to be far mor informative.
An overview for the new woodlot owner
Best overview for the backyard conservationistThe major difference between this title and the Beattie, Thompson, Levine text is that the latter devotes substantially more space to financial, legal, and logistical issues associated with harvesting trees. Conservationists will probably prefer this book while the reader focused on income from his or her woodlot will prefer Beattie et al.
Neither text goes very far helping the reader identify specific health problems in a woodlot; look more to Pirone et al. for an excellent introduction.


English Pound notation is great if your working in England
Valuation Mathematics
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good overall treatmentWhile I have some philisophical differences about some few details of the valuations the author proposes, I found it a useful counterpoint and good check-list for investing.

