Tuesday, November 10, 2009

RJA #13a: Field Research Report

I did a survey, and I surveyed 20 real estate professionals with the following questions: (the results are in bold next to the answers)


1. Banks are the cause of the housing crash.
-Agree 80%
-Disagree 10%
-Neither 10%

2. Mortgage Brokers are the cause of the housing crash.
-Agree 50%
-Disagree 50%
-Neither

3. Real Estate Agents are the cause of the housing crash.
-Agree 10%
-Disagree 90%
-Neither

4. Home Buyers are the cause of the housing crash.
-Agree 40%
-Disagree 40%
-Neither 20%

5. Washington caused the housing crash.
-Agree 80%
-Disagree 10%
-Neither 10%

6. Media/Government persuasion, to buy homes, caused the housing crash.
-Agree 70%
-Disagree 20%
-Neither 10%


7. Based on what you have witnessed with the housing market crash who would you put the blame on the most?
-Washington/Fannie Mae Freddie Mac 70%
-Home buyers
-Lenders/Mortgage brokers/Real estate agents 30%
-Media/Government Persuasion


8. What do you think fueled the crash most?
-Greed 25%
-Media Persuasion
-Failure or regulations 50%
-Pushing the banks to sell loans
-Sub prime 25%
-Other_______________

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