> So how does your income play into house prices? We had many houses on offer when I bought last year. We spoke with experts and offered slightly below market.

> So how does your income play into house prices? We had many houses on offer when I bought last year. We spoke with experts and offered slightly below market. If they countered above market, we would have walked. If the seller knows you are making a million a year, it's a fact that balances against their desire to sell. While their desire to sell could be greater and they might capitulate anyway, they may very well hold faster to their asking price because they know you're able to afford it. If Warren Buffet makes an offer on my house and tries to negotiate me down on price, I'll hold out and even sell to someone else who also negotiates down on price, but isn't him; all things being equal, I'd rather feel like I helped someone out than was taken advantage of. This is among the reasons people with wealth will often use intermediaries to close deals. > I'm not denying these practices exist, but its always sleazy businesses that engage in them and most consumers end up moving on once they catch wise. Grocery store vs. Amazon for example. Amazon owns woot.com, which allows them precisely to engage in price discrimination and the benefits of time-scoped deals while simultaneously offering a more "supercenter" experience on their main site. They capture both sides of the market---people who like to feel they are getting a special deal, and people who prefer the simplicity of one price. (Besides, since Amazon brokers trades between buyers and sellers who are selling at different prices, they don't even practice "one product, one price" on their main site, really. And they have Amazon Prime, which is a loyalty program).