That’s the real issue. We’re capitalizing professional services at insane scale for little value. Compensation isn’t in line with value, and the cartel nature

That’s the real issue. We’re capitalizing professional services at insane scale for little value. Compensation isn’t in line with value, and the cartel nature of the business puts a lot of friction on the pricing. This isn’t unique to real estate. A lot of sales guys are driving Porsches based on earnings of questionable value. The difference is your Oracle salesman doesn’t have a monopoly backed by state law on blowing hot air.