Real Estate SEO and Technology Blog

Randy Eagar, CRS

I know that this will be unpopular, especially after being in the business for over 30 years, but I think that this extension is nothing but another “sweetheart deal” for another private industry. We like to think that we are special in leading this country out of a recession (which we are told that we are now out of) but the way out of any recession is to let the market take care of itself.
Of course this extension will be good for REALTORS. But where does it stop? How soon before we bailout Fannie and Freddy . . . AGAIN? How soon before the government owns the banking industry? How soon before the government owns the auto industry . . . oh yeah, it already does.
Currently the government has gone from owning 11% to now 30% of our net worth! When do we let the free market stand on its own?
Remember the sweetheart loans that we all got last year and the year before that put most of their homeowners into foreclosure? Do you still think that the short term good was a long term benefit?
I am now hooked on the show “V” on ABC. Why? Because it demonstrates what is happening to us right now. At two points in the show the main characters foreshadow the biggest evil that is happening with an alien culture coming to “give” miracles to we earthlings. The biggest evil is that we become DEPENDANT.

I fear that every industry is now asking for their share. Where is my “entitlement”? I think the better question is “where is my freedom”?
Randy Eagar, CRS