Assuming A Lot About Brokers

"If anything the media has downplayed the effect this crash will have on RE, in other words TS, methinks you’re a broker. God, RE people are the biggest, most vile liars in NYC, do you really think anyone believes the pro RE quotes that we read in the Times or the Observer and especially NY Rag? When I have to interview a broker I just assume 90% of what he/she is telling me is untrue. Eventually the brokers–when vacancy rates for new "luxury" condos in some overly hyped hood are at 80%–will get a well-deserved comeuppance." ["Brooklyn, The Borough: Wall Street Views From Another Bank"]

Assuming A Lot About Brokers