timd354
Elite Member
- Joined
- Jan 11, 2008
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Rightly or wrongly, the government has a long history of bailing out banks and other large financial entities. Conversely, they have no history of bailing out small players in the finiancial industry such as appraisers and they never will. The reason for this is because if the big banks and financial institutions go under, many people in and out of the government are afraid (again, rightly or wrongly) that the whole economic system will go down with them. On the other hand, if a bunch of appraisers go under, that does not affect the overall economy.Why not? They don’t ever bail anybody out. Lol.
Sorry, but that is the reality of the way things are. It may not be right from a moral or philosophical perspective, but that is simply reality. If reporting the reality of the situation makes me biased in your eyes, so be it.