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Sign into your accountContagion is a New Word for Brokers
August 22 2012
If you spent much time around me, you would know that I get attached to words like "curate" and use them so frequently that it annoys the good people who are around me every day. I am working on that.
I have been a student of the effort to develop, to launch, and to save the Euro. A currency sharing standard among nations is more serious, and more important than a data sharing standard. However, in many ways, real estate data sharing standards are analogous. I love some of the terminology used by economists and leaders to talk about the Euro. One word that hit my radar today is "contagion."
Contagion
- Spread of a disease by physical contact
- Harmful influence
- Spread of feeling
Contagion, in the context of the Euro, relates to how currency management by some currency sharing countries like Greece, Spain, or France may pass along a detrimental virus to other currency sharing countries, like Germany.
Contagion, in the context of real estate data, may relate to how data sharing standards by some brokers may spread a detrimental virus to other brokers.