01-18-2009, 12:38 PM
Thank you Dave.
No, lol, it doesn't stress me that you defend real estate agents. Most of the agents I know are very nice people, and they're hurting now too. I've known two real slimeballs and heard of some others here. As with any profession, perhaps especially when sales and commission are involved, some unethical people will gravitate. But the majority I know are good people who truly enjoy connecting people to future homes and helping people move on.
At the point we bought at first, a month's rent was as much as a mortgage payment, so no wonder people want to own and not throw money away every month. I am in favor of more people owning; rentals here are very badly maintained all too often, and bring the overall community down, whereas more owners take care of their property.
One of the problems I see is some of this is artificial, people waiting to have it be officially declared the bottom, who can buy but are waiting. Meanwhile when no one is buying it brings hardship on many.
No, lol, it doesn't stress me that you defend real estate agents. Most of the agents I know are very nice people, and they're hurting now too. I've known two real slimeballs and heard of some others here. As with any profession, perhaps especially when sales and commission are involved, some unethical people will gravitate. But the majority I know are good people who truly enjoy connecting people to future homes and helping people move on.
quote:No, not necessarily. Rents went up even by landlords with small mortgage payments. Without being an expert on the rental market, I would say that rents went up because the population was on the increase and the rental market was tight.
Those landlords raising rents was in response to the values going up. If they didn't raise rents, the only sensible option would be to sell, right?
At the point we bought at first, a month's rent was as much as a mortgage payment, so no wonder people want to own and not throw money away every month. I am in favor of more people owning; rentals here are very badly maintained all too often, and bring the overall community down, whereas more owners take care of their property.
One of the problems I see is some of this is artificial, people waiting to have it be officially declared the bottom, who can buy but are waiting. Meanwhile when no one is buying it brings hardship on many.