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The FTC has a page on it [1] but I wish there was more there given it's the biggest purchase of most of their taxpayers' lives. The reports section comprises th
by BXlnt2EachOther 3y ago
The FTC has a page on it [1] but I wish there was more there given it's the biggest purchase of most of their taxpayers' lives. The reports section comprises three reports, two from 2007 and one from... 1983. Clicking "view more reports" links to a page with those same three. I know they've done more in this area but I thought that was worth a laugh at least.
[1] https://www.ftc.gov/news-events/topics/competition-enforcement/real-estate-competition https://www.ftc.gov/news-events/topics/competition-enforceme...
Fun fact: NAR was the top lobbying spender in 2020 with $84B. Second place was Chamber of Commerce at $82B. Third place was $26B, or less than one third of NAR's spend.
https://infogram.com/1pyy66emdxryq1c3yez9wqvxp2by3p7pgn3 https://infogram.com/1pyy66emdxryq1c3yez9wqvxp2by3p7pgn3
I only saw those stats recently but felt realtors are likely a very vocal and substantial constituency for every representative.