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Correction: any price within range of comps. I assumed that was implied when talking about housing, but okay. The point I was making is that houses sold quickl
by Cyph0n 4y ago
Correction: any price within range of comps. I assumed that was implied when talking about housing, but okay.
The point I was making is that houses sold quickly regardless of how low they were priced relative to comps. It was/is a bubble through and through.
- s1artibartfast 4y ago>The point I was making is that houses sold quickly regardless of how low they were priced relative to comps. And my point is that speed is a feature of any sellers market, bubble or not. I think it is/was a sellers market, but don't think it is a bubble that will pop. It might go down some or sideways, but it wont be disastrous. For those that sold out of stock to buy a house, their homes could loose 30% and they would still have come out ahead.