WARREN BUFFETT, SHAME ON YOU.

Warren Buffett is one of the world's richest men and the author of books on wealth accumulation and a published New York Times article called "Stopped Coddling the Super Rich".  He also preaches conservatism and lives in the same house since 1958.   But last year he put his Berkshire Hathaway name on a real estate company which is mainly residential.

Now anyone who has read this blog knows how unfair percentage real estate commissions are.  As the value of the house increases the sellers pay more because of the percentage and get very little or no additional services.  A seller of a $300,000 home pays $2500-$5000 more that a $200,000 seller depending on who presents the buyer.  A $400,000 seller pays $5000 to $10,000 more and it gets insane from there.

These are not necessarily wealthy people - they could be your neighbors.  So why then does Warren Buffet's company suck hundreds of millions of undisclosed dollars from the folks on Main Street and pay the profits to wealthy stock holders who pay around $200,000 per share - what many houses sell for?  GREED!

Shame on you Warren Buffett - Shame on You!