4 ms·
> Need to buy a house? bid 20% more than asking, if you don't - someone else will.. in cash. Buying in cash is being done to skirt the tightened up lending sta
by david927 4y ago
> Need to buy a house? bid 20% more than asking, if you don't - someone else will.. in cash.
Buying in cash is being done to skirt the tightened up lending standards that followed the 2008 Crisis:
https://www.reddit.com/r/Superstonk/comments/uflzht/the_2022_real_estate_collapse_is_going_to_be/ https://www.reddit.com/r/Superstonk/comments/uflzht/the_2022...
- seattle_spring 4y agoIt's being done to win bidding wars, because it's much less risky for a seller to choose a cash offer over financing.
- gruez 4y ago>superstonk I'm baffled why people would get their economic analysis from a subreddit predicated on a short sequeeze that has failed to materialize.
- david927 4y agoWhat gave you the idea that it would materialize in your time frame?