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cyphire
ParticipantI will bsrsharma… I think, though, that it’s more about the rush than anything else. The mortgage brokers, Realtors, and other trades involved with construction and homes have been minting money. They have been on hiring binges, and there was a huge amount of ‘rush’ factor in their business. Just like playing video games, the positive reenforcement of getting the sale, getting the listing, having a quarter of more than double last years mortgage business, etc. made endorphine junkies out of these seemingly normal business people.
Especially those who were teachers, accountants, etc who are now Realtors. These people had somewhat staid and boring jobs, and when they became Realtors, always waiting for the hot sale made them gambling junkies.
Now some of them are trying for the same rush at the poker table. Others will probably get dependent on drugs and alcohol. It’s going to be sad.
cyphire
ParticipantI will bsrsharma… I think, though, that it’s more about the rush than anything else. The mortgage brokers, Realtors, and other trades involved with construction and homes have been minting money. They have been on hiring binges, and there was a huge amount of ‘rush’ factor in their business. Just like playing video games, the positive reenforcement of getting the sale, getting the listing, having a quarter of more than double last years mortgage business, etc. made endorphine junkies out of these seemingly normal business people.
Especially those who were teachers, accountants, etc who are now Realtors. These people had somewhat staid and boring jobs, and when they became Realtors, always waiting for the hot sale made them gambling junkies.
Now some of them are trying for the same rush at the poker table. Others will probably get dependent on drugs and alcohol. It’s going to be sad.
cyphire
ParticipantI will bsrsharma… I think, though, that it’s more about the rush than anything else. The mortgage brokers, Realtors, and other trades involved with construction and homes have been minting money. They have been on hiring binges, and there was a huge amount of ‘rush’ factor in their business. Just like playing video games, the positive reenforcement of getting the sale, getting the listing, having a quarter of more than double last years mortgage business, etc. made endorphine junkies out of these seemingly normal business people.
Especially those who were teachers, accountants, etc who are now Realtors. These people had somewhat staid and boring jobs, and when they became Realtors, always waiting for the hot sale made them gambling junkies.
Now some of them are trying for the same rush at the poker table. Others will probably get dependent on drugs and alcohol. It’s going to be sad.
cyphire
ParticipantI will bsrsharma… I think, though, that it’s more about the rush than anything else. The mortgage brokers, Realtors, and other trades involved with construction and homes have been minting money. They have been on hiring binges, and there was a huge amount of ‘rush’ factor in their business. Just like playing video games, the positive reenforcement of getting the sale, getting the listing, having a quarter of more than double last years mortgage business, etc. made endorphine junkies out of these seemingly normal business people.
Especially those who were teachers, accountants, etc who are now Realtors. These people had somewhat staid and boring jobs, and when they became Realtors, always waiting for the hot sale made them gambling junkies.
Now some of them are trying for the same rush at the poker table. Others will probably get dependent on drugs and alcohol. It’s going to be sad.
cyphire
ParticipantI’m not suggesting it was a ‘successful’ flip! I just mean the timing is right, where a flipper might have still thought that the market was ripe for another flip, bought the house, did the renovations, and then found out they couldn’t get their costs back. I’m sure that if work was done on the house, they needed to get their equity back out, irregardless of the economics of their flip!
cyphire
ParticipantI’m not suggesting it was a ‘successful’ flip! I just mean the timing is right, where a flipper might have still thought that the market was ripe for another flip, bought the house, did the renovations, and then found out they couldn’t get their costs back. I’m sure that if work was done on the house, they needed to get their equity back out, irregardless of the economics of their flip!
cyphire
ParticipantI’m not suggesting it was a ‘successful’ flip! I just mean the timing is right, where a flipper might have still thought that the market was ripe for another flip, bought the house, did the renovations, and then found out they couldn’t get their costs back. I’m sure that if work was done on the house, they needed to get their equity back out, irregardless of the economics of their flip!
cyphire
ParticipantI’m not suggesting it was a ‘successful’ flip! I just mean the timing is right, where a flipper might have still thought that the market was ripe for another flip, bought the house, did the renovations, and then found out they couldn’t get their costs back. I’m sure that if work was done on the house, they needed to get their equity back out, irregardless of the economics of their flip!
cyphire
ParticipantI’m not suggesting it was a ‘successful’ flip! I just mean the timing is right, where a flipper might have still thought that the market was ripe for another flip, bought the house, did the renovations, and then found out they couldn’t get their costs back. I’m sure that if work was done on the house, they needed to get their equity back out, irregardless of the economics of their flip!
cyphire
ParticipantThanks SD Realtor!
cyphire
ParticipantThanks SD Realtor!
cyphire
ParticipantThanks SD Realtor!
cyphire
ParticipantThanks SD Realtor!
cyphire
ParticipantThanks SD Realtor!
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