Comments by "Richard Clifton" (@richardclifton4120) on "Red states have figured this out, says real estate expert" video.

We had a buyer show up locally from NY and bought a few of the businesses and tried to apply NY prices and that resulted in them closing everything in a year. The properties are still overpriced and rotting where they sit. No one wins when you don't know the market. Real Estate prices are part of the problem. Homes have been overpriced by the agents just for the sake of getting more in points per sale than the house that was essentially worth less than it was priced at. When greed comes into play and you make too much on a sale just for showing it, then it doesn't take long before all buyers are eventually taken in. Just because you overpaid for a house/home doesn't mean you can overprice it for the next person and that is what Real Estate companies are doing. They have priced themselves out of the market and now the building contractors also suffer because no one can afford a home built today at $500k when it was newly built 10 years ago for less than 100k.
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