[zeroonetwothree]

How does buying for a high price mean you will make it up? If anything it should mean the opposite.

[shaewest]

Probably alluding to high demand rather than high prices. More demand, more likely you're win on equity

[leflambeur]

Demand can be fleeting. See Austin, TX in the early pandemic years vs now

Too much reliance on the permanent number-go-up hypothesis in home prices