Become a homeowning smartypants

Book Review: 'Complete Home Owner's Guidebook'

About half the size of a folded Sunday edition of The Wall Street Journal, that esteemed publication’s "Complete Home Owner’s Guidebook" nonetheless packs quite the punch. Counterintuitively, but wisely, the "Guidebook," from WSJ Sunday editor David Crook, starts out with a set of Seven Keys to Smart Home Owning, the first of which is that your home is not actually an investment, but an expensive installment purchase with the potential — not guarantee — for a big rebate.

For the average WSJ reader, this sort of unconventional wisdom — which is everywhere in this book — might provoke a true rethink of their approach to real estate, and I mean that in a very good way.