Some interesting posts, some of which I think require a little more consideration.
SDNerd has an interesting theory that it is possible for a neighborhood’s value to be manipulated through the postings on a blog. That’s a real chin-scratcher there, and it makes me wonder.
Think about a theoretical blogger exhorting his fairly vast, regionally-focused readership to lowball bids on homes in targeted neighborhoods based upon the blogger’s desire to drive prices down in those neighborhoods to facilitate a purchase at a price they are comfortable with. Sounds a little like stock price manipulation, but virtually the same. Imagine the economic impact felt by those neighborhoods, and the anger those people would feel if that blogger in fact had that kind of impact. I know it’s a stretch, but it’s only a theory.
Then add into the mix that information about the purchase is disclosed to someone this blogger apparently trusts, because some relationships have been formed between posting individuals to the point where a trust bond was created. Imagine if that blogger disclosed to the person he trusted the way they got such a great deal, and the trusted party – acting in an ethical manner – said that the blogger may have acted illegally, unethically and at the very least immorally, and thought the blogger should be sued. The fact that the trusted party stated they would not actively disclose the blogger’s identity makes me for one pause and think. Then, through the power of the blogosphere, other uncover the scheme because certain regular posters to the blog – posters who may be that trusted person – are not weighing in.
These thoughts are purely theoretical, but it makes you wonder…SD Realtor and SDRealtor, what do you think?????
