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I was just thinking...

Politics is Reality, or, Is Real Estate Really Real?

By: Mike Farmer
Wednesday, December 12, 2007 8:23 PM

Through my years interacting with different groups on the internet I’ve found that politics infects everything. Even the real estate sites I’ve visited lately are more about the participant’s politics than about taking an objective look at the real estate market.

It doesn’t take long to see the dividing lines between left and right. In the 70s and 80s, the phrase “perception is reality” was bandied about as a hip dismissal of what’s real and objective. Now it seems “Politics is reality” is the controlling mindset.

Many people, it seems, try to create reality, regardless of facts, according to their political views. Not that there is anything wrong with holding a political view, but it seems that nowadays politics is bereft of reason, logic and a search for and acceptance of what is true. Truth is relative, right? And facts are inconvenient when you have an agenda that must be established at all costs.

I know real estate is not as important as the great concerns of our times: war, hunger, terrorism, environment, etc, but here I’m talking about how politics has even infected a mundane subject like housing and financing. It adds a special irony when you consider the topic is REAL estate.

From the conversations in which I’ve been involved, the bent of politics is quickly revealed – the left states, unequivocably, the economy is imploding, home values will fall 50%, the credit crisis will squeeze the country dry and Bush is the evil moron who caused it all.

The right says it is all doom and gloom created by wild-eyed tree huggers wearing Birkenstocks and sipping lattes.

The truth is that it is what it is. If you bother to search the facts, they speak for themselves. In parts of the country home values are falling, in other parts they are flat and in other parts they are rising. Financing is tightening somewhat but people with good credit can still get loans. Some financial institutions who were reckless suffered for their recklessness. Some borrowers who borrowed more than they can pay are going bankrupt. It is neither the end of world nor is it the best times for real estate. It is what it is, no more and no less.

I won’t spout off statistics, they can be found. My point is that the RE professional’s job is to find the facts and be objective in the midst of the political battle that seems to ignore facts and propagate whatever message supports the warring political mindsets

My job is to be the Sweden of the real estate world, to remain neutral and objective. I’m not sure how much more of the group discussions I can take. Social networking around a specific interest is a great idea, but our political climate of division makes it non-productive at this point. One thing I will say for Relib is that I haven’t seen political division among this group. There’s a lot of truth in the old adage that politics, religion and sex don’t make for polite discourse.

Of course, there’s a place for everything and these subjects have their place, but in real estate it doesn’t matter if I’m liberal or conservative, it doesn’t change what is and is not. If I see a major flaw in these online ventures to create social networking around a specific interest like real estate, it’s the modern tendency to create reality from donkeys and elephants, thereby creating warring camps and sacrificing objectivity and true learning opportunities.

That’s my rant and I’m sticking with it.

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Comments

Belinda Walker
Member Since '06

Belinda Walker said:

"tree huggers wearing Birkenstocks and sipping lattes."

Hey!  I think I resemble that remark :)

December 12, 2007 8:00 PM
Gary Szolosi
Member Since '03

Gary Szolosi said:

Mike I as a know Conservative am at issue with any separation because I think it is time for all good men to come to the aid of their party. I heard that somewhere.

However, in reality what I would like to see is someone get elected that would change the either or with the word of compromise. We have seen politics as a division rather than one of unification. It is more popular today to put down a person in politics for their belief rather than what they stand for and that is just wrong.

Although I am a Republican and I support GWB it doesn't mean that I am a sheep that follows everything and agrees with everything. WE will have an election in a year that will set the stage for how our country will do, economically and politically for the next four years. I hope people take it seriously and look at the way the candidate of choice feels on the issue that are important to them.

Taxes, Heath Care, Immigration will be the top issues. They will all effect our market. Read and Heed is the rule of the day!

December 12, 2007 11:14 PM
Mike Farmer
Member Since '03

Mike Farmer said:

I have sipped latte, too, Beez, I must admit.:)

Gary, yes, the election will be important. And I guess what I am saying is that blind partisanship is non-productive when it colors evry topic and when it ignores facts.

I think you will agree that neither the Democrats or the Republicans represent free, objective thinkers anymore. When it comes to the economy, there are objective, time-proven economic principles that go beyond Republican or Democrat. As citizens having discussions and existing within this economy, it's time to start looking at what's best for everyone and not just special interest groups, right or left, that in the long run harm our economy, real estate included.

The economy is too important to turn over to politicians and political parties.

December 13, 2007 3:11 AM
Howard Arnoff
Member Since '03

Howard Arnoff said:

Mike, the economy was turned over to a politics a long time ago since voters generally vote with their wallets.

December 13, 2007 6:44 AM
Mike Farmer
Member Since '03

Mike Farmer said:

Yes, Howard, and that's my point -- each side thinks their gang of politicians will get in and make their economic situation better, when in reality most politicians are economic idiots and their meddling causes most of the economic problems we have. Due the strength of the US economy run by businesspeople, entrepreneurs and productive workers we have been able to succeed in spite of meddling, incompetent politicians -- but if people really want to vote with their wallets, they'll vote for people who understand their limitations as politicians, who won't meddle in the private sector and won't promise the sky yet deliver a mud bog.

December 13, 2007 7:24 AM
Karen Weger
Member Since '05

Karen Weger said:

Well said Mike.

And the media will report issues based on their political view. Part of the problem with this Mortgage issue today. It is blown out of proportion because of that.

December 13, 2007 7:30 AM
Mike Farmer
Member Since '03

Mike Farmer said:

Thanks, Karen. I was in this discussion yesterday -- out of 44 million mortgages, 264,000 are in foreclusure. Subprime makes up under 14% of mortgages with 13% of that 14% behind on payments, with many of them working out payments with the banks.

It's difficult for me to see the major crisis -- the fact that many irresponsible lenders go out of business is probably good for the health of the whole industry. That some irresponsible borrowers go bankrupt may be a learning opportunity for future borrowers.

There's several ways to look at everything. Beyond a certain point, most economic hoopla going into the election year is psychologically manufactured by fear-mongers.

December 13, 2007 8:54 AM
Mike Farmer
Member Since '03

Mike Farmer said:

I'm sick of hearing that the housing market is collapsing nationwide, that th mortgage industry is going under, that China is taking over the world, that unemployment is up, that everyone is destitute and not only are we going into a recession, a depression is likely -- there will be real estate agents on corners with signs begging for food, sellers will have to pay buyers to take their homes, little Johnny will have no Christmas and all of us will have bad breath.

December 13, 2007 8:59 AM
Candice A Donofrio
Member Since '07

Candice A Donofrio said:

Mikey, you're the Sweden! Or is it Switzerland?

I guess the main question is would you rather be surrounded by buxom blondes or chocolates!  

What are your politics on that? LOL!

December 13, 2007 9:28 AM
Mike Farmer
Member Since '03

Mike Farmer said:

I meant Switzerland, and I am for the proliferation of buxom blondes subsidized by the government.

December 13, 2007 9:39 AM
Mike Farmer
Member Since '03

Mike Farmer said:

Politicians know much more about buxom blondes than they do economics.

December 13, 2007 9:40 AM
Candice A Donofrio
Member Since '07

Candice A Donofrio said:

Decidedly so, as it takes economic acuity to manage buxom blondes!

December 13, 2007 9:44 AM
Candice A Donofrio
Member Since '07

Candice A Donofrio said:

This came from a friend's blog, LOL:

<<I have thought of a way to improve the election process of the president of the U.S.A. Every State in the U.S.A. would nominate its own presidential candidate, very much like the pageant process of Crowning Miss America. I can hardly wait for the "evening gown" competition.>>

December 13, 2007 9:54 AM
Bill Thompson, REALTOR®
Member Since '07

Bill Thompson, REALTOR® said:

Mike said: "I am for the proliferation of buxom blondes subsidized by the government."

I try to stay out of politics but I have decided to offer my full support to Mike Farmer.

December 13, 2007 10:11 AM
Mike Farmer
Member Since '03

Mike Farmer said:

Bill, you'd better get behind Ted Kennedy on this one, he has more experience.

http://www.gold-eagle.com/editorials_05/laird121107.html

This is what someone used as an argument. I'll bet Mr. Baird is a hoot at parties.

December 13, 2007 11:43 AM
Mike Farmer
Member Since '03

Mike Farmer said:

I meant -- Mr. Laird

December 13, 2007 11:46 AM
Cathy  Clark
Member Since '06

Cathy Clark said:

OK, I'm going to pass on the Kennedy comment and go directly to the pageant.  When's the swimsuit competition begin?  (This could get ugly on so many levels)

December 13, 2007 12:01 PM
Trista Anderson
Member Since '04

Trista Anderson said:

Ok, I know I am from Canada BUT if I am going to have to watch your candidates prance around in their bathing suits you had better flank them with some of your secret service guys.... I cannot even fathom Obama that naked - never mind Hillary... atleast throw in the ones in shape k?? PLEASE!

And yes - our politicians are equally unnattractive.  But we bundle up...

As for the market and the politics and the media - if you can fix it Mike I will become your #1 buxom blonde. Even though, on my part, it requires surgery and a ton of bleach - for you, anything! LOL!

December 13, 2007 12:27 PM
Mike Farmer
Member Since '03

Mike Farmer said:

Trista, perfect! This is working out splendidly. I take it back, politics is fun. Can you sing "Happy Birthday" like Marilyn Monroe?

December 13, 2007 12:54 PM
Trista Anderson
Member Since '04

Trista Anderson said:

I will practice as you look for the dress.. LOL!

Mistah President.....

December 13, 2007 1:06 PM
Chantal Gakwaya
Member Since '06

Chantal Gakwaya said:

It's so funny to see where a blog thread starts and finishes. :)

December 14, 2007 8:39 AM
Cathy  Clark
Member Since '06

Cathy Clark said:

No one is safe here, Chantal!

December 14, 2007 9:01 AM
Chantal Gakwaya
Member Since '06

Chantal Gakwaya said:

Cathy, I agree. But I think I'm safe from being targeted as a buxom blonde. :)

December 14, 2007 1:42 PM
Cathy  Clark
Member Since '06

Cathy Clark said:

TeHeHe, Chantal!  

December 14, 2007 2:33 PM
Candice A Donofrio
Member Since '07

Candice A Donofrio said:

[Trista sez: atleast throw in the ones in shape k??]

K. Which ones would that be?

December 14, 2007 4:05 PM
Cindy Hartman
Member Since '05

Cindy Hartman said:

"I'm sick of hearing that the housing market is collapsing nationwide, that th mortgage industry is going under, that China is taking over the world, that unemployment is up, that everyone is destitute and not only are we going into a recession, a depression is likely -- there will be real estate agents on corners with signs begging for food, sellers will have to pay buyers to take their homes, little Johnny will have no Christmas and all of us will have bad breath."

Mike - this made me laugh - do you yell at the TV too????  I'm a

c-SPAN junkie, watch it every morning in bed with a cup of coffee in my hands (that my husband hands me on the way to the shower bless his soul!)

... but I end up every morning talking, speaking and then yelling at the TV at the callers calling in, not taking a responsibility for their own decisions and then thinking that there is some kind of VAST government conspiracy going on  - like there are really enough people in the government who could pull off secrecy and a coordinated conspiracy.  People just seem to watch WAY too much TV, and think real life is like the Bourne Identity or CSI.

Anyway...made me laugh.

December 14, 2007 4:31 PM
Mike Farmer
Member Since '03

Mike Farmer said:

Thanks, Cindy. Yes, I yell at the tv. Just the other day I called Chris Matthews a SNARKY ^&%$(*&^!

December 14, 2007 5:13 PM
Belinda Walker
Member Since '06

Belinda Walker said:

Candice - According to the Guy Rules, "round *is* a shape."

December 14, 2007 6:46 PM
Carey Tufts
Support Staff

Carey Tufts said:

I'd wanted to add my two cents, but I have bad credit and couldn't get the loan.

December 15, 2007 3:16 PM
Chantal Gakwaya
Member Since '06

Chantal Gakwaya said:

Carey, I'll loan you some hard money on that two cents. Let's hear it?

December 15, 2007 4:29 PM
Candice A Donofrio
Member Since '07

Candice A Donofrio said:

LOL B, isn't 'round' the same as 'studly' in 'guy speak'?

Then again, I like to call it 'voluptuous' and tis the season, ain't it? DDD!

December 17, 2007 8:11 PM

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