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


To: orkrious who wrote (73328)3/7/2007 9:20:58 AM
From: OblomovRead Replies (2) | Respond to of 306849
 
Our system isn't capitalist. If it were, RE would be treated like any other asset. Instead, we have a hodgepodge corporatist-socialist system that provides opportunities for gain to those clever enough to work through the system, or smart enough to befriend well-placed people. This is hardly capitalist.