Real estate media thrives on fear and negativity, with doomsayers called the "Crash Bros" constantly predicting collapse. This scarcity mindset, like Malthusian predictions of overpopulation, blinds investors to actual opportunities and distorts rational decision-making.
There's an old saying in the news media. If it bleeds, it leads. And sensationalism and clickbait. That works. It works really well because of that propensity for all of us to look for negative things when it comes to the real estate market. People are creating so many blind spots for themselves and missing so many opportunities because of this bias toward negativity. And there's this whole group of people, at the beginning of the COVID era, we started calling them the Crash Bros. These are the Chicken Little, the sky is falling people. You know, the Malthusians, who. Malthus was an economist, like, 250 years ago, that thought, you know, overpopulation would end humanity because we'd run out of food. Well, clearly we didn't do that. Right. You know, this whole, like, scarcity mindset is really interesting.
