Rich Russell Simmons Gives Us Poor People Some Advice

Real estate is in the dumps, so who’s the best people to give you advice in these affairs?  Well, big stars that own five homes and vacation homes across the state, of course!  Tons of people showed up to a large seminar this weekend to hear what rich people like Russell Simmons has to say about us poorer people owning a home.

Hip-hop music pioneer Russell Simmons, along with mortgage consultants and entertainment figures such as Ludacris, Yung Joc, Gorilla Zoe, D. Woods of the girl group Danity Kane and music executive Kevin Liles, spoke to the crowd at the event billed as the Hip-Hop Summit at Clark Atlanta University. It’s tied to the Oct. 23 BET Hip-Hop Awards show.

Mitchell, a former student at Clark Atlanta who now attends a tech school, added, “With stars like Russell Simmons and Ludacris speaking to us, who don’t understand about purchasing a home, I think we’ll have more understanding now.”

Anyone notice that’s about the same song and dance that everyone including real estate agents have been telling potential buyers?  I wonder how much money are they being paid for their advertising.