“There needs to be an ability to hold people accountable for things they did years ago,” says John Burns, president of John Burns Real Estate Consulting in Irvine, Calif.
Without pointing fingers, Burns says, incentives must be changed to mitigate risk for a long-term, sustainable recovery. The ubiquity of real estate issues means that leaders now operate on a more public and transparent platform. How some of the people who were powerful during the housing bubble escaped accountability in the past, Burns says, “is beyond me.”
Read full article at business week Good article going to depth into our problems we face today and the changes that are needed in Real Estate
Mark Gregory
Realtor, CLHMS
FirstWeber Group
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