greed
Suze Orman speaks to Strapped Realtor
This piece is from 3 months ago, but it shows how desperate the situation can become for even educated professionals like realtors, when they get seduced by the hype.
The picture is not pretty for the individual being interviewed, but basically, it resulted from a set of bad decisions that could have turned out otherwise. Why didn't that happen?
Was it greed and a false sense of entitlement? Or a failure to grasp that markets go up and down and a tipping point was near or could be near? Blind bad luck?
Hmmm.
House of Cards, Parts 1 and 2
It was all predicated on the idea that real estate prices would keep going up and up and up....
Sound familiar?
"Greed, sure, greed on both sides of the table."
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