Re:A Growing Problem in Real Estate: Too Many Too Big Houses
by Balgair on Thursday June 20, 2019 @06:09PM
(#20237895)
Yes, of course.
But you start getting into monopsony then. The people that you sell to are hyper rich and may pay a fair price, but there are a lot less people overall and their tastes aren't distributed like the general population. It's not the same market at all.
But you start getting into monopsony then. The people that you sell to are hyper rich and may pay a fair price, but there are a lot less people overall and their tastes aren't distributed like the general population. It's not the same market at all.