The Obamaton's are doing something sneaky that I see that is true Marxism, in Healthcare, The Fianancial Industry, this in Real-Estate, Insurance via Health Care....
They are destroying peoples "margins", i.e. margins of profit. Profit is a bad word, i.e. Michelle screeding to go work for no-profits.
You can't have a middle class when you are working for nothing in these careers that are time intensive and require relationships to get the sale.
Who will bear the burden of this? the Realtors, many will get out IMHO another group to go Galt....
I agree.
My brother was an independent mortgage broker who did 50 or so million dollars of gross business a year. Employed with benefits about a dozen people. But an “angry, anti-capitalist” government changed the rules that drove just about all independents out of business.
His answer. He sold that business and opened another tha had the least government interaction and controls he could find. Simple retail. He’s the only family supported by it, so they threw away a dozen jobs with benefits. He’s built it up to a fine living for his family, but if it keeps going he’s going to have to employ some folks. He doesn’t want to because it will get the government involved.
They’ve forced Galt to act on the value of personal independence.
FWIW, investment in commercial real estate outside the USA is a growing field.