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by baobabKoodaa 748 days ago
No, that's not how it works. The housing market is not like the stock market. Houses are not fungible assets. I could list my house for $1 today and by tomorrow no one would have even made a single phone call to enquire about it. A house is not sold until a motivated buyer is found, no matter how low you drop the price.
1 comments

You have made up your mind. I gave you the answer, but you are not obliged to accept it.
I explained to you pretty clearly why you are wrong. If you want to believe in this fantasy that housing market is just like any other market, I can't really stop you.
Maybe if you argue with people who don't want to buy your real estate, they will finally give in and buy it for the price you demand?

In a way, I think this exchange illustrates very well the problems with the real estate market and housing.