|
Find CA real estate agents and Costa Mesa real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2013 ActiveRain Corp. All Rights Reserved
2 Comments on The great real estate (non)conspiracy!
Interesting how many of the welathy got that way because of real estate.
I think there may be some confusion here. A market is simply an exchange of goods and services, so, sure, there is a real estate market. There is not a centralized market, but that doesn't mean manipulation does not occur. The reason prices have declined in the last couple of years in many areas is a direct testament to the manipulation of lenders, appraisers, and "flippers" who all drove up prices to unrealistic levels based on an illusion. That is not to say no one should invest in property, I do, so I wouldn't advocate anything to the contrary. However, real estate is a long term investment and is not right for everyone, especially those with short term needs.