Keith at Housing Panic posted his Stupid Question of the Day, that I had to share with all of our readers.
Crack dealers make money regardless of your personal well being. Arms dealers happily sell arms to both sides of the conflict.
So, is the NAR now changing their tune because their den of thieves made money off of you when prices were skyrocketing (and they were telling you to get in before it was too late), and now they’ll make money off you you as prices crash (and they tell you to sell at any price)?
We need to remember that real estate agents are sales people. Just as the stock brokers and investment banks were recommending dot-com bubble stocks, real estate agents will shill overpriced Mc.Mansions or hovels on the way up or down. They have to feed their families, right?
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Keith -
You make a valid point just as is the plight of every household Job Loss, sickness and even death which also create housing issues. Things will continue and we will adjust to it just the way we adjust to 3 bucks a gallon!