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Re:Canada bans foreign home buyers for two years by alberth on Tuesday April 19, 2022 @11:32AM (#31084504)
> "IMHO blind bidding is an unethical practice"

When you're applying to a new job, do you feel it's ok for the hiring company to ask you what exactly you currently make so that they can offer you $1.00 more than what you currently today? If not, how is that not "unethical"? (Also note, in the US at least - you can't ask someone what they currently earn).

I just don't understand why it's unethical.

Maybe the seller way under estimated the value of their home, why shouldn't they be allowed to sell it at the highest price?

EDIT: why the downvote? If you don't agree - why not reply so we can have a healthy dialogue.

Re:Canada bans foreign home buyers for two years by whywhywhywhy on Tuesday April 19, 2022 @11:57AM (#31084898)
>do you feel it's ok for the hiring company to ask you what exactly you currently make so that they can offer you $1.00 more than what you currently today?

Yes but I don't have to accept it and I can then tell them what I want and they're free to turn it down and it's a discussion. The hiring equivalent would be every applicant would write their expected salary down. Then the lowest wins with no negotiation.

Re:Canada bans foreign home buyers for two years by alberth on Tuesday April 19, 2022 @12:10PM (#31085080)
If you're a home buyer, you also don't have to submit a bid either if you feel the price is too high.
Re:Canada bans foreign home buyers for two years by InCityDreams on Tuesday April 19, 2022 @01:17PM (#31085986)
>Also note, in the US at least - you can't ask someone what they currently earn.

But they sure do like to tell you.