The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: XBrit who wrote (164715)	11/16/2008 8:10:43 AM
From: Travis_Bickle	Read Replies (2) of 306849

About 98% of my clients are affluent white people. The diversity people argue I would receive some economic benefit by hiring a black receptionist. I guess the theory is I could pick up market share in the affluent black people demographic. But if you compare the size of the demographic groups: affluent white people vs. affluent black people any reasonable person would conclude that the rational thing to do is to avoid alienating my affluent white people clients, even if it costs me potential market share in the affluent black people market. Now the law steps in and says we don't care if the diversity argument makes any sense, and we don't care what is to your economic benefit, we demand that you act in an altruistic manner and give the black receptionist an equal shot even if you are pretty sure she would hurt your bottom line. It's all utter and complete bull**** but we live our lives making believe that it is grounded in rationality ... it is altruism at the point of a knife, and that's no way to run the economy.

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