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this post was submitted on 14 Nov 2023
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Which applies to far more than just car dealerships, a lot of "economy" is just people installing themselves as middlemen, siphoning off money from others' work and using it to protect their position.
Economists call this "rent-seeking." They add no value and take a cut.
And the reason they're so powerful, at least in some states, is that they're a major source of sales tax.
And who are (by far) the largest advertisers in the print media? Car dealers and real estate agents. Is it any surprise that you don't find any articles about these parasites?
Real estate agent is an amazing scam. They make you think they're necessary, and then add 3% each to the price of the house.
Fucking legends