> it's no surprise by and large they are not known for having a nuanced and academic understanding of economic theory
The folks I’ve worked with have been as dedicated to their career path as anyone, and while their expertise and skill varies that isn’t different than any job. I understand your point, but your (mis?)characterization hits me as a little biased and shallow.
They're intentionally focusing on only one half of the equation because the other half is partly their fault, and addressing it hurts their members.
They either don't understand that addressing wages without supply simply increases prices, or they do understand and don't care because it's good for their pocketbook. Which one's worse?
The article does, agreed. But I don’t think it was written by actual realtors. It’s the product of an organization that is representing them poorly, or so it appears.
The folks I’ve worked with have been as dedicated to their career path as anyone, and while their expertise and skill varies that isn’t different than any job. I understand your point, but your (mis?)characterization hits me as a little biased and shallow.
It’s not “theory”; it’s literally what they do.