Quote:
Originally Posted by Fat Charlie
What is a market?
It sounds like Hertz is playing on buyers' expectations of fire sale prices to charge higher prices. And they're pointing at an out of date book to make it look like a discount.
But neither price is "below" market value. Advertised prices are a bit above market value.
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THIS 100%
Most of the sales occurring recently seem to play on the buyers ignorance of actual scarcity with a gotta buy now.
There is a local 1000sqft home with a 1/10 of an acre lot for $200,000 because there is a housing shortage right now.
Normally that “city house” is a $45,000 affair.