REMAX propaganda

trent · #1 03-13-2009, 02:00 PM

RE/MAX released a very entertaining news release on Wednesday, stating that the Canadian housing market is driven by first-time buyers now. I anxiously read the report looking for cold hard numbers, but guess what, there were none. Real estate agents in Canada are obviously desperate to get some sales going, and no price is too high for them, even if it will mean financial ruin for many naive first-time house buyers. For a long time the sleaziest profession in my book has been "used car salesman", but now "real estate agent" beats it hands down.

Here is the pathetic piece of propaganda that passes for news nowadays:

http://www.remax-oa.com/MediaNewsroo...aspx?ItemID=47

Canadian · #2 03-16-2009, 02:48 PM

What do you expect from an organization that has a vested interest to perpetuate the housing bubble? Now they have to actually work for their money, and also get lower commissions due to both slumping prices and sellers not willing to pay outrageously high commissions anymore.

bullish · #3 03-17-2009, 02:29 PM

The spring market is here, and activity is picking up. Interest rates are at record low and will be for a long time. All this bodes well for the housing market and especially for first-time home buyers.

Canadian · #4 03-18-2009, 01:47 PM

Quote:

Originally Posted by bullish

The spring market is here, and activity is picking up. Interest rates are at record low and will be for a long time. All this bodes well for the housing market and especially for first-time home buyers.

Interest rates will start increasing very soon, when foreigners refuse to finance the unsustainable western lifestyle, by buying useless paper...