3 ms·
But who's buying? If nobody is buying cause the cost is too high, your asset is illiquid and functionally worthless.
by komali2 8y ago
But who's buying? If nobody is buying cause the cost is too high, your asset is illiquid and functionally worthless.
- pm90 8y agoExactly. I just don't get the logic behind wanting to drive up the entire market beyond the reach of most buyers. I'm guessing most folks just don't sell precisely because of this and instead opt to rent out instead. This is probably fine except when they actually need to sell the house for whatever reason.