How These Albert Einstein Quotes Apply To Today's Real Estate Market
There are numerous Albert Einstein quotes that have application in today's real estate market, you just have to be smart enough to understand them :).
Recognized as one of the smartest humans ever, Dr. Einstein was often quoted on matters beyond his E=MC2 equation.
I believe that the health of today's real estate market is not nearly as warm and wonderful as many are reporting, so today we'll take a look at how some of my favorite Albert Einstein quotes apply to the real estate market going into 2013.
Albert Einstein Quotes Join Other Greats In Real Estate
While Einstein is the first genius that the Tallahassee Real Estate Blog has looked to for guidance, he is certainly not the first celebrity. You might remember other famous quotes examined here in:
- What John Wayne Would Say About The Real Estate Market Today
- What William Shakespeare Would Say About Selling A Home
- What Mark Twain Would Muse About Today’s Housing Market
- What Yogi Berra Would Say About Selling A House In 2012
We learned a lot from these other "famous people's quotes," but now I believe the market requires us to now turn to a genius for guidance.
Albert Einstein Quotes Applied To Real Estate
Today's political climate requires our "leaders" to always seek the quick fix, with no consideration given to the long-term ramifications of poorly thought-out economic fixes that are being used to solve today's economic problems.
Many of today's housing market struggles can be traced back to political intrusion into the market, pushing agendas with un-supportable government subsidized low interest rate loans. Here is my favorite of Albert Einstein quotes that perfectly suggests that today's market too has issues:
We cannot solve our problems with the same thinking we used when we created them.
And real estate agents in general are not helping restore balance. Instead of using our REALTOR lobby to push for reform, we are instead trying to find normalcy in an obviously broken system. Dr. Einstein often said:
A man should look for what is, and not for what he thinks should be.
Most real estate writing is just a rehash of the propaganda issued by the National Association Of REALTORS. A great one of Albert Einsteins quotes on merely parroting what we read says:
Any man who reads too much and uses his own brain too little falls into lazy habits of thinking.
I suspect Einstein would guide us to regroup and figure out where we should be going as opposed to rapidly implementing more short minded solutions. Another of Albert Einstein quotes that seems to perfectly explain government involvement in the private housing market:
A perfection of means, and confusion of aims, seems to be our main problem.
The fact that the US (and most governments) are going further into debt to support deficits that cannot be substantiated suggests to me that a day of reckoning is highly likely in the next few years (or months). One of Albert Einstein quotes addresses this perfectly:
The difference between stupidity and genius is that genius has its limits.
Of course, maybe it's just me. Maybe the economy is really getting better and the housing market is actually strengthening (at all price points?). Again, a perfect one of Albert Einstein quotes addresses this too:
A question that sometimes drives me hazy: am I or are the others crazy?
I hope you enjoyed the application of Albert Einstein quotes to today's real estate market conditions, if you know of another great historical figure that could inspire us, just comment below and we'll look to add his or her thoughts in the future.
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Discussion
I really doubt Mr. Einstein would have supported any of your extrapolations of his words.
"I am convinced there is only one way to eliminate (the) grave evils (of capitalism), namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow-men in place of the glorification of power and success in our present society."
Albert Einstein, Why Socialism?, 1949 [13]
Sure, based upon what he knew then Seth. But if we let him see the world today, after the fall of communism, I suspect he would apply the scientific method and change his thinking on the reality of humans coexisting in a socialist environment.
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