Quote:
Originally Posted by Tron_fdc
^^^^ WTF? I would loooooove to have one of the forum realtors weigh in on that, because if it's true my opinion on the CREB just went into the abyss.
THat certainly explains a lot to me.
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Surprised that you 'just' thought that CREB went into the abyss. The whole industry is geared towards presenting numbers and stats in a favorable way to make people feel like they should always be buying and selling every so often to 'climb the property ladder' and avoid 'missing out.' Buy now or buy never!
Seriously, if the real estate industry was regulated in the way that the financial industry is, then a lot of the 'return on investment' calculations that condo sellers put out would land them big fines or put them in jail.