Reply #2: Donna isn't the reason people were shut out of the housing market. [View All]

The banks willingness to give anyone and everyone money to buy houses when they knew this would happen is the problem. If you wanted to buy a house, prices were driven irrationally high because of banks' willingness to lend. Prices are going down now because banks are requiring 20% down and actually, for the first time in years, care if you have the income to pay off the loan.

Blaming realtors like Donna for making money off of the rising price in an asset is like blaming your uncle for buying Krugerands when the price of gold is going up. If your uncle didn't buy them, maybe the price would be lower because demand is lower, but why isn't he allowed to make money? Why does your uncle have to sit on the sidelines while somebody else makes all the money?