I'm not blaming the appraisers. It's not their fault valuations are artificially high.
It's also not developers' fault for profit maximizing their business. The problem is the artificial scarcity enforced by zoning laws and building codes, the subsidized lending that drives up demand, and the persistent central bank money printing that shackles so many people with golden handcuffs.
I'm not blaming the appraisers. It's not their fault valuations are artificially high.
It's also not developers' fault for profit maximizing their business. The problem is the artificial scarcity enforced by zoning laws and building codes, the subsidized lending that drives up demand, and the persistent central bank money printing that shackles so many people with golden handcuffs.