And here I have always blamed Realtors for this. Maybe the reasons here are behind the 08 collapse, but I saw the realty industry say "Hey, if we double the selling price, with interest rates so LOW, they can still afford the payment for a year of two. Then we make double the COMMISSION!" And housing prices in my area (majorly depressed) are still WAY overvalued - And the TAXMAN is taking full advantage of this.
And here I have always blamed Realtors for this. Maybe the reasons here are behind the 08 collapse, but I saw the realty industry say "Hey, if we double the selling price, with interest rates so LOW, they can still afford the payment for a year of two. Then we make double the COMMISSION!" And housing prices in my area (majorly depressed) are still WAY overvalued - And the TAXMAN is taking full advantage of this.