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A comment on Canada bans foreign home buyers for two years. Parent comment

Re:Canada bans foreign home buyers for two years by s1artibartfast on Tuesday April 19, 2022 @09:32AM (#31082830)
>Imagine blind bidding when interviewing for a job. Write down the number you'd be willing to do the job for. Someone came in with a lower number, please resubmit.

This is how it works in the trades, for contractors, and some small company employees. I've Never Been Told what past applicants for a job position asked for salary and were denied

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Re:Canada bans foreign home buyers for two years by dwater on Tuesday April 19, 2022 @01:15PM (#31085956)
Those are scenarios where the bidders are experts who participate in the market every day, which are very different from the home selling market where the average bidder will have participated never, once, or maybe twice in their lives (and be assisted by an agent who is paid for by the other party).
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