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> ... but this is HN and you all think us Realtors are useless freeloaders Realtors in the US, when compared to those in pretty much any other first world coun
by manuelabeledo 3y ago
> ... but this is HN and you all think us Realtors are useless freeloaders
Realtors in the US, when compared to those in pretty much any other first world country, are definitely overcharging for their services, and, according to at least one judge, they colluded to keep commissions artificially high [0]
> It seems to me like so many people are chasing the dream Disney sold them on the world rather than realizing they might have to compromise.
And why is that?
It maddens me that, generation after generation, people have been told to aim high, get a job, work hard, get a degree, move out, see the world, etc. Turns out, now people in their thirties have to "compromise" or "settle" on buying their first homes at half the size, twice the price, and ten years later than their parents, likely earning a relative third less as well.
[0] https://www.cbsnews.com/news/realtors-liable-for-1-8-billion-for-high-commissions-jury-finds https://www.cbsnews.com/news/realtors-liable-for-1-8-billion...
- bryanlarsen 3y ago> half the size A typical starter home in the 70's and 80's was 1200 square feet. I don't think people today are buying 600 square foot houses.
- BadCookie 3y agoI have heard it claimed that people did not used to include the basement in the square footage of a home, which leads to some apples and oranges comparisons in these kinds of statistics. But I’m not sure if it’s true.
- rpgwaiter 3y agoThat's true, my house seems tiny by official sq. foot but it has a basement that doubles the usable space
- ProxCoques 3y ago> It maddens me that, generation after generation, people have been told to aim high, get a job, work hard, get a degree, move out, see the world, etc. Turns out, now people in their thirties have to "compromise" or "settle" Well, it's the generation after Reagan came in with the whole monetarist trickle-down thing, but yes. Sometimes I think the toxicity of this situation (and it's not just the US) fuels in large part the tendency for people to believe in conspiracy theories about secretive cabals keeping them down. And in a way, it's kinda true too when it comes to housing. You're told you're living in a land of democratic opportunity, wealth and justice. Yet somehow...