Huge funds like Blackrock are allowed to dominate our residential real estate market and have spent years driving up prices. Add in the realtor scam and you're looking at a perfect storm of inflation.
@BetrayedPoultryDemocrat1mo1MO
The realtor scam...no kidding. We sold a house and downsized to a townhouse in 2022. We hadn't done a real estate transaction since the early '00s when we sold a rental house. I was shocked at the realtor fees, the exorbitant fees paid to various government agencies whose hands were in that pot, the title companies, etc. etc. That certainly ate into net payout of our house (that we built in 1986)!