Real Estate Gets the Shaft

I found this article on Inman News Blog very interesting:

The housing market drops, the number of consumer complaints against real estate professionals rises.

It seems like a logical premise: when people are making money on housing then all is well, but when home prices decline and people lose equity — or worse, lose their homes — then there’s a problem. Lots of problems, actually.

Read Falling markets, rising complaints.

Does it seem fair to you? Do you think consumers give agents and real estate industry the shaft when times are tough?

I believe this is really just part of a nation of people who refuse to take responsibility. Every one wants to point the finger. Everyone wants a bail out. Our legal system makes it to easy to fall into such a trap.

Do you have a horror story like this to share?

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calthon

Can you please send me the article on FALLING MARKETS, RISING COMPLAINTS. I am unable to access it.
Kindly,
Calthon

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