US real estate agents compensation challenged in suit from Joe Biden Department of Justice

Good. Fuck em. They rode the cult of infinite growth for decades and what has it gotten us?

Cities owned by a handful of gigantic evil landlords that use their money to buy votes from city councils to further solidify their iron grip, car culture suburbs surrounding them full of low density single family homes, parking lots that make actually living in cities miserable, not to mention wildly out of control home prices everywhere, because of course home values only go up, they only went up before, why would today be any different?

Realtors could have avoided this by explaining to sellers that market conditions dictate lower home values so that high interest rates don't mean impossibly high monthly payments. But they didn't, and instead whined for months for rate cuts that were never going to happen.

Of course, the real blame lays at the feet of those who decided to make homes commodities in the first place, and tie their value to speculation. But considering how realtors treated the 3 years of free money during the pandemic as a scam opportunity, I say they've made their bed. Let them lie in it.

Honestly, good riddance. Maybe we can simplify the home transfer process as well.

Redfin was awesome when using them as a buyer/seller. Doing it as both simplified the process so much I think it should be nationalized as a standard, making real estate transactions as easy as sending snail mail. Eliminate the commission model as a whole and build it out as a counterpart to the USPS.