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Re:San Francisco apartment rent prices are dropping fast by hammock on Wednesday July 01, 2020 @07:55PM (#23708298)
It's not hard to sell. There are so many buyers out there right now. In Chicago houses are on the market 3 days tops. Hearing similar from other cities.
Re:San Francisco apartment rent prices are dropping fast by dionidium on Wednesday July 01, 2020 @08:42PM (#23708658)
Same in Providence. We are house shopping right now and the market is very hot -- so hot that I'm considering stopping our search altogether on the theory that it might be better to wait and see what happens over the coming months.
Re:San Francisco apartment rent prices are dropping fast by perl4ever on Wednesday July 01, 2020 @11:28PM (#23709670)
I remember reading an article that said, while people who want to buy really want to buy, many of the sellers have gotten cold feet. When people imagined that the market would dry up and property values would go down because of the epidemic, they weren't thinking about the asymmetry.
Re:San Francisco apartment rent prices are dropping fast by dionidium on Thursday July 02, 2020 @12:06AM (#23709909)
I think this is right. It's called supply and demand. Both parts matter.