“Real estate investment advice is the only field I know where the worst material available is also the most expensive.”*
John T. Reed
* There is a logical reason for this. Knowledgeable people won't overpay for advice. Only ignorant people will. So gurus who want to charge extremely high prices must necessarily prey on the ignorant. Since the audience is ignorant, the gurus in question are free to offer material that merely sounds good. When people do not know the value of something, they tend to assume its price is its value. That is, the more expensive it is, the better it must be. In other words, they are assuming that if it was not worth that, the other customers who know what such things are worth would not buy it. In fact, in the get-rich-quick-real estate guru business, everybody in the room in an idiot like you. They all assume that the others in the room are there because they know the seminar is worth the amount being charged.
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