3 ms·
In a Slowing Housing Market, Sellers Ask: Why List When You Can Collect Rent?
- malshe 4y agoPaywall removed: https://www.wsj.com/articles/in-a-slowing-housing-market-sellers-ask-why-list-a-home-when-you-can-collect-rent-11663585203?st=uzhy9gxcfwqbmt1&reflink=desktopwebshare_permalink https://www.wsj.com/articles/in-a-slowing-housing-market-sel...
- quantified 4y ago> the couple put their home in the Los Angeles suburbs up for sale this summer. Yet even after they cut the asking price by $10,000, there was hardly any interest. That'll be something like 0.5% to 0.1%. You know it's insignificant to them because they didn't need the equity to purchase their next house. So they're not that serious either, they'll sell when prices go back up.