Good story and when I was President of a VC consulting biz several years ago I screamed about what the banks & realtors & appraisers were doing and nobody listened and treated me like I had the plague. It was pure greed driven and corruption took hold at every level related to real estate for damn commissions only... Being in construction industry for decades I saw lower grade products being used with illegal labor (many times) for the developers (who had banks in their pockets) market every new built home like "custom" (with tricky & slick loan programs to lure people) when truth is most will require major remodeling within 10 years as to the inferior products being used.... We will have a massive home glut for years in USA because of this but it affects so much more too.