11/28/2023
Bruce Wayne (Buyer): Suppressing me won't get their home sold? I knew prices wouldn't go down without builders coming in full force, but this is different. The Fed has crossed the line.
Alfred (3 Day Sober Agent): Institutional buyers crossed the line first, sir. They ignored and mocked market prices to the point of frenzy. And in their frenzy, they turned to an organization they didn't fully understand.
Bruce Wayne (Buyer): Criminals, ehh, the Fed and local Policy makers aren't complicated, Alfred. We just need to figure out what they're after.
Alfred (3 Day Sober Agent): With respect, Master Wayne, perhaps these are organizations that you don't fully understand either.
Not so long ago, In the bustling real estate market of San Diego, my colleagues and I were navigating the complex landscape of property development. We were working closely with local real estate agencies, who were attempting to secure favorable terms and locations by navigating the intricate web of local policies.
However, their efforts were often thwarted by the unpredictable and irrational decisions of local policymakers, akin to bandits in their unpredictability and overinflated self image.
Our task was to understand and possibly influence these policy decisions with logic and clear data. For months, we scoured the city, from the sun-kissed beaches to the vibrant downtown, trying to find a way to work within or around these policies. But in all that time, we never encountered anyone who had successfully predicted or reasoned with these policymakers in a meaningful way outside of providing PC photo ops.
Then, one day, I came across a small, unassuming café in a quiet part of the city. There, I saw a young entrepreneur, brimming with ideas and enthusiasm, discussing plans for a sustainable housing project. He held in his hands a model of a development that was innovative, environmentally friendly, and actually had parking. Something that could revolutionize the market.
It struck me then – the policymakers, in their capriciousness, were so out of touch with reality, and the innovative or even proven ideas that could shape the future of San Diego's real estate. They were, in their own way, discarding these 'precious stones' just as carelessly as the bandit in Burma that threw away his rubies.
Bruce Wayne(Buyer): So why ignore the facts?
Alfred(0 Day Sober Agent): Well, because he thought it was good sport. Because some men aren't looking for anything logical, like stable prices and promoting maximum employment. They can be bought and bullied, but not reasoned or negotiated with. Some policy makers just want to watch the world burn.
