Real Estate Lobby Participating in Crony Capitalism
I have to admit that I am a big fan of John Stossel but odds are he is not making friends with the real estate lobby these days. He was on the Fox Business Network talking about the Homebuyer Tax Credit and fraud associated with it.
But in the middle of the interview he lambasts the real estate lobby for participating in crony capitalism and uses Freddie Mac and Fannie Mae as examples. Give it a watch and tell me your feelings on it.
I would preface this by saying that individual agents are not included in the critique. Agents are true entreprenuers fighting to earn a living off of their efforts. The lobby is the large corporations and organizations such as NAR and MBA who lobby Congress and lose sight of the issues that face local agents.
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
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Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
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I see the question I have, but no response. I do not have a for sale sign up ...
Comment by Gainesville FL Realtors on 23 October 2009:
All government programs have fraud.
Pingback by More on the $8,000 Tax Credit | Real Central VA on 26 October 2009:
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