Rich, sorry if I offended. I didn’t mean to. Of course, your delivery style should be what works best for you.
Perhaps it’s only me. But I’d like to hear the plain unvarnished truth in real estate as well as in life in general — someone to tell us we screwed up bad and now need to face the facts.
Rich, I know that’s not your job. Thank you for providing this great forum for us to discuss real estate and other matters. In that regard, you’ve done a great deal to promote real estate and financial literacy. This site is contributing everyday to changing how is real estate is bought and sold, and how information is dessiminated. You’ve done a lot already to take on the status quo and the REIC.
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The real estate bubble and it’s consequences was not just caused by innocent home buyers getting in a little over their heads and buying more than they could afford. That implies that buyers were working so hard and aiming for the American dream that they got sidetracked (and thus were victims). It was a confluence of easy money, greed, fraud and deception that inflated the bubble.
In any field, the bulls are always pie-in-the-sky but the realists have to sugarcoat the bad news else they are labeled as negative and irresponsible. In my view, we need a good dose of realism. Why is it that realists have to be a little self-deprecating to get an audience?
