We recently sold our house and purchased a new condo. It’s been over 10 years since we made a real estate transaction, so this was quite an experience. Apparently much has changed in the housing market, since we were last participants. (Understatement!) We learned that purchasing any real estate is more difficult now. We learned that purchasing a new condo can be especially difficult. Along the way, we continued to hear from real estate agents, bankers, attorneys and appraisers that the amount of regulations added to real estate transactions has tremendously increased the potential for difficulty in the process.
My question: Has the government overreacted to correct a problem…to the point that they have made it unnecessarily difficult to purchase a new home? Could this be one of the reasons for a continuous sagging real estate market?
I realize there was a problem…banks were giving loans they shouldn’t have given….something needed to be done…but the problem wasn’t as much in my city.
I wonder though, if this reaction…or overreaction…isn’t representative of what we do as churches, organizations, and individuals.
Sometimes one person is the problem, so we create a policy that impacts everyone. One department may be the problem, but we change the rules for everyone. Often there is one complaint raised, so we change our structure to appease an individual. Sometimes we have a couple of bad months…or even one unusual Sunday…and we react…or overreact…like the trend is permanent. Our children make one mistake and we react like it’s who they are…rather than like it’s a mistake…one they can learn from…
Have you ever overreacted to correct a problem? Do you have any examples to share with me of when you’ve seen this? When is a time we tend to overreact in the church or as individuals?
(I realize some will be far more schooled on the housing issue than I am, so feel free to educate me. I simply know what I experienced and what I was told along the way.)