Not true. Homes have gone up around 10% over the past year. Varies a bit by model, but only a % or so. However lets assume market demand caused the 30% increase. Real Estate has always been market driven so not sure why any % increase would be gouging?
Ask your friend to sell you his home at 80% of market value and see how quick he changes his thinking. He will sell it at the market no more, no less, and if you accuse him of gouging, do you think he will agree?
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