Realtor “Water Cooler” Talk
The water cooler is long gone, of course.
Instead, we Realtors have meetings.
Lots and lots of meetings.
I picked up this nugget — plus some good market info — at Edina Realty’s Exceptional Properties meeting this morning (anecdote courtesy of downtown Manager Matt Loskota):
“If you invested $1,000 three years ago in AIG, what would you have today?”
“$30.”
“If you put that same $1,000 into Lehman Bros. stock, what would it be?”
“$0.”
“Now, how much would you have if spent the $1,000 on beer?”
“$235 . . . If you’d kept the aluminum cans.”
Disproves (sort of) that line about “you don’t buy beer, you rent it.”
