The Danger of "isms" and the Real Estate Market

I discovered this video to be very current given the changes we are facing in our country, and would like to share this with everyone.

At first glance, you might ask me how this can be current since it was actually produced back in 1948? I thought the same thing, but after watching it, found the content to be as powerful of a message today as it must have been over 6 decades ago.

 

What does this have to do with real estate?

Everything!

Let me explain: The date is May 15, 2009, and the government now controls the banks (via the TARP), and the values (via the HVCC). This should concern EVERYONE greatly. The real estate "free market" is gone, and the Politicians are in a position to manipulate everything. Companies are being forced into bankruptcy as the banks are told to get what the auditors consider "Toxic Assets" (code word: anything to do with real estate) off the books.

CP Morgan here in Indianapolis is a prime example of this manipulation. The bank re-negotiated with the developer, then basically "changed their minds" as to their commitment. It forced CP Morgan into bankruptcy, when they had the ability, through the banks, to weather the storm.

The way I see it, the BIG Banks will get their money back later by owning the commercial/big development property, and the government gets repaid by us, the taxpayer. If you force all of the mid-investors out of the market by cutting off the money supply, force them into bankruptcy, and manipulate valuations very low, what happens? The large financial institutions now own everything, will manipulate the prices back up, then sell them back to the very same people they crushed in the first place, all while having a windfall of profits.

If you feel I am way off base, let me know in the comments section. I have been pounding my head against the wall trying to figure all of this out, and this is the only real theory I could create to make sense of it all.

If true, it is very sad, but genius at the same time.

I seldom discuss political type issues in the public forum, and it is not my intent to spark any political arguments by sharing this. I just feel an obligation to keep people thinking, and I find incredible value in sharing ideas with one another. It is understandable that we become complacent in a time of turmoil, but we must accept the fact that there is no easy way out of this economic downturn.

The good news is we are a part of the greatest country in the world, and I have faith the people will band together, create solutions, and continue down the roads that will lead us back to prosperity!

If anybody can do it, we can!

Have a Profitable Day Everyone!

Harrison Painter is a Real Estate Broker and Marketing Animal in the Indianapolis, Carmel, Noblesville, Fishers, and Zionsville, IN markets who Makes Real Estate Happen! If you are looking to buy, sell, or invest, CALL ME TODAY!

(317) 871-1000

At Gladiator Real Estate Group, We Answer the Phone!!!!

Website: www.GoGladiator.com

 

P.S.I would like to thank, and credit, MobileHomeGurl as the inspiration for this blog post.