My eye twitches a little every time a realtor calls depreciating house prices a “market correction”. Bitch please, an actual correction would be a 50% reduction in value.
Well the market disagrees with you. And as long as people are forking over $1 million for a starter home and all other equities and commodities are at all time highs, prices won’t budge.
What the fuck is it called a concession… rather than “fair market price”?
Fair market price is when they can gouge you. Concessions is when they actually have to compete.
It’s Fortune magazine, that’s why.
Because they’re not giving fair market prices, once you get into the meat of the article
“what someone is willing to pay”
Sounds pretty fair market price to me.
That’s really only true if the good that’s being purchased is necessary to live.
Yeah aka market correction to reach equilibrium. Nothing to see here, move along, move along.
My eye twitches a little every time a realtor calls depreciating house prices a “market correction”. Bitch please, an actual correction would be a 50% reduction in value.
Well the market disagrees with you. And as long as people are forking over $1 million for a starter home and all other equities and commodities are at all time highs, prices won’t budge.