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by FalconSensei 1859 days ago
This is not related to the example on the thread. If the other person after you didn't want the apartment, you could still get it for the price they were offering you. If the apartment was overpriced and still on the market after 6 months, you could get it for less.

Also, real estate is an exception because:

1 - there is actually scarcity. A building with 200 apartments only has 200 apartments.

2 - Some buildings are already (almost) full, so you can only get in when someone gets out.

But what I see here where I live are offers that are valid for a whole month or two. Of course, if all units are taken, then you can't get it, but if they have an unit available, the offer is good