I concur. Much of the blame lies at the feet of the lending industry. Hence my name, which is “lendingbubblecontinues”.
However…some of the venom comes from things like the Century 21 ad which I posted a link to in another forum topic. Additionally, some of the venom comes from the constant pounding of the “no problem here” shills that the CAR and NAR continue to trot out as “experts”.
Finally, Cendant’s (Century 21’s parent) own Richard Smith, I believe, taunted us last summer in the USAToday with an article about how the frickin’ laws of supply and demand and how there was NO housing bubble.
I wouldn’t be so upset with the real estate business if it weren’t so inherently dishonest. Don’t take it personally….I feel the same way about the investment banks on Wall Street, the NASD (the fox in charge of the hen-house during the NASDAQ bubble), and other industries as well.
I have friends who are successful real estate agents, who have helped us buy and sell our houses. They don’t get a free pass from me, either. Like you have said before…question everything. Well, too often, your brethren in the business don’t question anything.
I truly wish you well. You and I are both in our thirties..who knows what we’ll be doing in 10 years? 20 years? Someday we will all get back to thinking of homes as a f’ing place to live and we’ll laugh about how meaningless time spent posting on a blog in 2006 really was after all.
