2 ms·

I don't think supply and demand would autofix the issue. When a baseline is set, everyone believes it to be the new price. Same as how when a lie is repeated mu

by conqrr 3y ago

I don't think supply and demand would autofix the issue. When a baseline is set, everyone believes it to be the new price. Same as how when a lie is repeated multiple times, it can dangerously become the false truth.

nightski 3y ago
Everyone might believe it is the new price, but that doesn't mean they are willing to pay it.
- lukas099 3y ago
  After years of prices being 'high' yet continuing to rise, they night just accept it.
  - nightski 3y ago
    If they do accept it, that means the market is right and the house is really worth that much to someone :)