Debunking the real estate cartel

Flickr photo by KellyB.

The real estate nonfiction book genre should be broken down into two subsets: (a) how-to and (b) who-caused-it bubble-burst reenactments. Books in the latter category aren't pure nonfiction, though, in my experience.

Sprinkled throughout you'll usually find some of the more persistent, pervasive and, in my opinion, fictional (at worst) or exaggerated (at best) tales of real estate industry conspiracies.

I realize that there have been individual instances of agents and mortgage brokers, inspectors and appraisers joining forces in an evil marriage to take advantage of the little guy.

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