Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (7013)	11/22/2002 2:56:37 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

I've had a California real estate Broker's license since 1986. As a broker and a consultant to the real estate development community I am less than impressed with real estate agents like Tradelite who claim real estate is a risk free investment that "only goes up". But you also read statements from these people revealing the fact that they don't actually believe their own claims. Their promotional claims are not naive, just dishonest. I'm also very aware how home ownership is excessively subsidized by government programs. These programs designed to to make homes more affordable are precisely the reason that homes are not affordable. They funnel excessive savings into the housing market and drive up prices. The National Association of Realtors and several home builder's trade groups are the chief cheerleaders in the passage of these tax laws, for obvious reasons - none of which have anything to do with making housing affordable.

To: David Jones who wrote (7013)	11/27/2002 5:50:19 PM
From: Tradelite	Respond to of 306849

<<Were you not asked if your were a broker/agent a couple times here on the thread? >> Yes, Elroy was asked what type of broker he claimed to be--by me. He didn't respond. Now he has claimed he pays annual errors/ommissions insurance premiums to work exclusively for friends when they want him to and when he feels like it. Believe me, I won't pay the Realtor Assn. Fee, the MLS fee, the E&O insurance fee and all the other expenses/liablity just to work for friends--or even past clients on an occasional basis. I make my money by referring them to active Realtors who pay those fees and thereby serve my friends and former clients better than I ever could doing it part-time.....and I make more money this way, too.