Letters to the Editor

This letter is associated with the following article:
Realtors gather in Las Vegas, hoping to solve a crime. Who killed the mortgage industry?
  • Realtor's pumped up the market?

    Of course not. That was strictly supply and demand, invisible hand of the market stuff, Andrew.

    The notion that the real estate industry would try to inflate the equilibrium market price just to enhance their short-term profits is laughable. It is perfectly reasonable for a 2 bedroom condo in Chicago to cost 500 grand. That's the market value!! LOCATION LOCATION LOCATION!

    Note: This post is to be read dripping with sarcasm.