# Primary Maths, and Real Estate Rip-offs, and Life!

Who’d believe it?

The housing market goes up, Up, UP!

The prices go up, Up, UP!

So, the commission an estate agent receives goes up, Up, UP! For NO EXTRA WORK!! NONE!!

The normal real estate commission on a house is 2.5%.

So, a couple of years ago, the estate agent selling a house valued at, say, \$350,000 got a commission of \$8,750.

BUT, in the past 2 years, house prices have increased at an INCREDIBLE rate.

So that very same house would now probably be valued at maybe \$580,000.

So, to sell it, the agent gets 2.5% of \$580,000 which amounts to \$14,500.

That’s an increase of \$5,750. For NO EXTRA WORK! Not a thing! In fact, the estate agent’s job has actually become far EASIER, not harder!

Teachers can use this type of situation to help their students understand the importance of maths in everyday life. Not understanding it can have very significant financial consequences.

Or is all this too hard for our primary students?

I don’t think so! Do you?

# Teachers, Petrol and Maths

Petrol prices go up. We whinge and moan.

Petrol prices go down (as at present!). We whinge and moan.

What gives?

Sure, the petrol price fluctuations occur for different reasons.

Cause and effect, maybe. Or supply and demand, maybe. Or greed, maybe.

But the price? Well, how do we decide whether it’s justified, or not?

Should we rush to the media, savaging the petroleum industry for its price rises as each long weekend approaches?

Or should we rush to the media, having been made suddenly aware that the world’s petroleum industry is falling through the floor, as may very well the world’s economy?

How do we respond and decide whether there’s real trouble afoot?

Maths, maths, maths.

Not just doing sums, but actually understanding that the sums are put together from some sort of understanding of the context in which figures can be interpreted.

And that takes teaching. That takes training. That takes “maths comprehension”.

That takes Education, with a capital E. And it takes genuine LEARNING.

Teachers have a huge job. Maybe a little less “how to wipe your nose”, and a little more gutsy maths interpretation stuff would be a great thing.

Does today’s school curriculum deliver on those grounds? At your school? In your country?

Well? What’s your take on it all?