QUOTE(bearbearwong @ Oct 26 2014, 09:58 AM)
it could be there is no value or not value enough... buyers are buying inflated, and this case badly inflated, well as owners/flippers and agents do, if there is 650k transacted price , and we know 550k cant sell, they will claim this as (bull run syndrome is over but still enjoying 5-10% increment yearly) or (transaction low, but price up)
well , most of the time, since 650k was transacted (under table ones) , and 550k no takers, maybe they will be selling at 600k but less than 650k and call advertise as (below valuation) or layman say below market rate, fast fast come and buy..
many youngster are beginning to know this.. so we found the reason transaction low (very minority) but price up scenario.
as for the owners pointed out yesterday, investors will want their proceeded to be in as soon as possible , holding longer will incur many expenses, and further more, when we bought for investment, we do not care about view and etc, lowest entry will do the best..
so when price distorted to 650k n then 1 burger bought at 600k. Will u be happy to see that n blow trumpet announce to the whole bubble thread that price has dropped / crashing down???? Are u going to buy at 600k??? Meanwhile 550k still haven't sold..well , most of the time, since 650k was transacted (under table ones) , and 550k no takers, maybe they will be selling at 600k but less than 650k and call advertise as (below valuation) or layman say below market rate, fast fast come and buy..
many youngster are beginning to know this.. so we found the reason transaction low (very minority) but price up scenario.
as for the owners pointed out yesterday, investors will want their proceeded to be in as soon as possible , holding longer will incur many expenses, and further more, when we bought for investment, we do not care about view and etc, lowest entry will do the best..
Oct 26 2014, 11:11 AM

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