greenback Wrote:
Apr 29, 2013 5:54 PM
…much as main street’s fault as it was Wall Street’s fault, and of course, the Government. The Real Estate Appraisal Profession was enslaved! There is such a thing called, “Economic Slavery,” and the Appraisal Profession was a victim of it. Market Value was lost! When interest rates cannot keep up with values, then the question of feasibility is thro nut the window. Risk and Value did not correlate properly. Fraud, abuse, slavery, greed (an unattainable want or need), lies, entities fighting for centralization, information age not being controlled or contained as the market has been and is now being data mined for the wrong reasons, and much more have a lot to do with the crash, starting with Real Estate. One of the biggest mistakes is...