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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 david927 on Friday May 13, 2022 @05:17PM (#31372631)
> Need to buy a house? bid 20% more than asking, if you don't - someone else will.. in cash.

Buying in cash is being done to skirt the tightened up lending standards that followed the 2008 Crisis:

https://www.reddit.com/r/Superstonk/comments/uflzht/the_2022...

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Re:Tech bubbles are bursting all over the place by gruez on Friday May 13, 2022 @09:34PM (#31374303)
>superstonk

I'm baffled why people would get their economic analysis from a subreddit predicated on a short sequeeze that has failed to materialize.

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Re:Tech bubbles are bursting all over the place by david927 on Sunday May 15, 2022 @03:38PM (#31390326)
What gave you the idea that it would materialize in your time frame?
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Re:Tech bubbles are bursting all over the place by seattle_spring on Friday May 13, 2022 @08:04PM (#31373814)
It's being done to win bidding wars, because it's much less risky for a seller to choose a cash offer over financing.
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