I am getting more and more clients that take a short term view on real estate like it is a commodity. We agents can't take a Holier Than Thou look on about this...We caused it with our talk of Pre-construction, Flipping, and investment during the boom.
Its hard to convince clients to put money into real estate when they believe it is the wrong time... Past generations felt it was the right time as soon as it was possible.. The American Dream...The current generation still has the dream, but the dream is turning a 100k profit on the start up townhome and buying on the water in 3 years...
We need to get back to sanity in the real estate markets...A house is a longterm investment...Shelter, Tax Breaks, virtually Income tax free appreciation, and a since of belonging...Pride of ownership should be more than just a few Periwinkles planted in the flower beds by the door...
Any one have ideas on how to help clients see that what they are buying is more than just an option on a couple railcars full of soybeans...
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