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Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston
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RealEstateCafe
Joined: 11 Dec 2007
Posts: 235
Location: Cambridge, MA
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 Posted: Sun May 12, 2024 6:19 pm GMT Post subject: RECartel on Trial |
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For 30+ years, consumer advocates, like Ralph Nader & Steve Brobeck of Consumer Federation of America, have called the real estate industry a cartel, the Sleeping Giant of the #ConsumerMovement.
Now the #RECartel taking beating in courts & press, and Larry Summers, Havard President Emeritus & Treasury Secretary in Clinton administration has underlined that with this statement / video on BloombergTV
| Quote: | This is a HUGE win! The process of buying & selling houses in the US is probably as egregious an example of special interest politics putting huge burdens on consumers as anything we have
Breaking the Realtor cartel could have $100B in benefits over time. |
WATCH:
https://youtu.be/DC5EsguxcE4?si=O3EYz2IQax6JtrV7
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Bill Wendel
The Real Estate Cafe
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97a Garden St.
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http://realestatecafe.com/blog
http://twitter.com/RealEstateCafe |
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