Submitted by hearsdemons t3_yc8z1m in Showerthoughts
Iamdogmanyeet t1_itlj69c wrote
its because of real estate agents, they are being paid $20-$120k for doing almost nothing. Its great if you want to make a lot of money for being nice and pretty! No one thinks that has any effect on the labor market or cost of things?
combine that with the fact they are financially motivated to push prices as high as they can so they can get a slightly bigger commission check so I am not surprised EVERYTHING (rent included) costs so much money now.
THATS WHAT YOU GET FOR GIVING AWAY EQUITY FOR NOTHING IN RETURN. INFLATION.
source: Real Estate Professional for 5 years
Washpa1 t1_itmtmt1 wrote
Have you heard of the finance industry?
Iamdogmanyeet t1_itok3jg wrote
Exactly why we don't need real estate agents doing the same thing. Greed should not have the ability to directly affect where you live or where you choose to live. At least finance people are honest theyre dishonest.
[deleted] t1_itok1uh wrote
[deleted]
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