Quote:
Originally Posted by huge-pigeons
Why is it a good thing for an asset I own to come down in price/value so somebody else can afford to move here? Makes no sense at all!! That’s like saying it’s ok for my Apple stock to tank so somebody else can buy shares. I want all my assets to grow in value, and if somebody can’t afford to buy in this market, then they should look elsewhere
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You are correct. It does not make sense, it only appeals to someone wanting to buy here, hoping for a lower price, then praying for prices to rise again once the house is purchased.