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A comment on Tech bubbles are bursting all over the place. Parent comment

Re:Tech bubbles are bursting all over the place by bombcar on Friday May 13, 2022 @12:53PM (#31369949)
Which is exactly what the "ask below" is trying to get you to do; you act differently (emotionally) in a bidding war than in a price negotiation.
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Re:Tech bubbles are bursting all over the place by s1artibartfast on Friday May 13, 2022 @01:26PM (#31370319)
I don't think it has to be emotional at all.

There is what the house is worth to the seller, and what it is worth to the buyer, and the sale price is always somewhere in between.

It is just taking advantage of an information asymmetry to get the sale price closer to what it is worth to the buyer.

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