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?

Teaching Times Tables — Teachers and Torment!

So, it’s come to this, has it?

The media this week has been FULL of it! Discussion about teaching times tables, that is!

And it’s not all good news!

There are SOME teachers around, it seems, that think that life is easier if times tables AREN’T taught in any serious way in schools.

Then there are those of us that see automatic response of tables as an essential skill in adult life.

Which side are YOU on?

For the sake of the adults of tomorrow, my hope is that you are on the latter side, rather than the former! Let’s keep up with the chanting. PLEASE!

NO SHADES OF GREY HERE!!!