I honestly think these inflated prices are here to stay, and that this will be the new normal. Why would a buisness lower prices if we as a consumer are paying asking price. What are your thoughts?
I guess what is most shocking to me is that houses, land, and vehicles are bringing MORE than the asking price. That’s insane.
I saw a thread on another board questioning when the housing bubble will pop specifically in Austin TX, and the opinion of a guy in real estate said it won’t anytime soon because it’s being driven by people from Californication with ridiculous money in hand from selling their houses out there. This guy knew of 4 houses in his neighborhood that sold for $100-150k OVER asking price.Are we creating another housing/financial market bubble? Where's the extra $$ coming from? I'm not getting 20-40% raise to offset the rising costs so I have to assume credit of some form. Will Biden then come in and pay off credit card debt for those unfortunately ones not understanding of interest rates and signing a contract?
When there’s competition it always goes back down.I honestly think these inflated prices are here to stay, and that this will be the new normal. Why would a buisness lower prices if we as a consumer are paying asking price. What are your thoughts?
Enter your email address to join: