11-16-2006, 07:29 AM
quote:
LOL, John Rabi, you just can't win against someone who sees fraud and deception everywhere. bystander just can't see that we, as real estate professionals, don't really care which way the market goes. Goes up, that's fine, goes down and the prices make home ownership more affordable for the average person and therefore, our market for buyers increases. Either way, we still have business. We don't have a vested interest in house or land prices increasing. But conspiracy theorists will always find a way to think that we do.
You may not care but I know Rabi does. He promised to stay out of this thread many times but yet has to get the last word in when he reads a post that is bearish on RE. I actually think you are more honest than he but that you don't want to say anything negative either. I read that post you deleted. In it you seemed agree that the future of RE didn't look so rosy.
I'm not posting because I see fraud and deception everywhere but because I want to expose the bias behind certain people's posts.
When I watch CNBC and RE is the topic, the RE people are always downplaying or denying the decline in prices. Why would they do this if they don't have a financial interest in keeping prices high?
So tell me this: if property values keep going down will you and your RE cohorts be making more or less money?
Edited by - bystander on 11/16/2006 11:34:31