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No, that's not how it works. The housing market is not like the stock market. Houses are not fungible assets. I could list my house for $1 today and by tomorrow
by baobabKoodaa 2y ago
No, that's not how it works. The housing market is not like the stock market. Houses are not fungible assets. I could list my house for $1 today and by tomorrow no one would have even made a single phone call to enquire about it. A house is not sold until a motivated buyer is found, no matter how low you drop the price.
- carlosjobim 2y agoYou have made up your mind. I gave you the answer, but you are not obliged to accept it.
- baobabKoodaa 2y agoI explained to you pretty clearly why you are wrong. If you want to believe in this fantasy that housing market is just like any other market, I can't really stop you.
- carlosjobim 2y agoMaybe if you argue with people who don't want to buy your real estate, they will finally give in and buy it for the price you demand? In a way, I think this exchange illustrates very well the problems with the real estate market and housing.