WilderSueden
2021-01-16 18:21:04
- #1
Yes, it has been mentioned. At least I had an example to contribute ;) The problem, of course, is defining when a house has a bubble price. In my example, the price was also very far from what I was willing to pay, and there had already been interested parties for months who also did not buy. In the end, however, someone was found who was within the buyer's price expectation, so the price was a real price. Whether that was the famous fool who underestimated the renovation by €100,000, a jack-of-all-trades, or simply someone to whom money does not matter... no one knows.I find it interesting here that no one in the discussion even briefly entertains the possibility that the bubble market does not exist everywhere, or that it no longer works at the edges first.