The Slippery Slope - Online Gambling & Housing Posted on May 17th
In a Realtor.com article entitled How Online Gambling Hurts Real Estate, there certainly is some food for thought. With statements like “You can’t save for a home if you gamble,” Jim Leach, head of a policy institute at the Harvard University Kennedy School of Government, is making an excellent point. And he wants our help.
I’m a little concerned, however, that it could just place Realtors on a very slippery slope. What could be next as a worthy cause to promote home ownership?
- “Ban Starbucks”…a latte a day is enough to pay your PMI.
- “Raise gas prices”…less travel means we’ll need a home to hang around.
- “Govt. restaurant vouchers”…some families spend almost their mortgage payment eating out.
- “Cap Realtor commissions”…cutting buying costs will put more people in homes.
See what I mean?
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