Would you consider ANYBODY buying in the market today a “savy” buyer? The facts just show that most buyers are indeed not savy.
How many buyers do you work with? How many buyers do you show properties to?
Once more, the arguments that you raise make sense. They make perfect sense.
So why do young families keep buying in 4S Ranch?
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Look, Davelj made a post in this thread about appearances. This is all an appearance, a knee jerk reaction, a ploy to try to walk a tight rope and delay the inevitable. I know that, you know that, heck even many joe buyers know that. My post is not to convince people to buy or anything like that. My post is based on observations of buyers. I work with them every day, or night when I am not working on engineering…
Try to see what I am saying. Your argument is like a college professor giving a lecture. You use facts, you point out cause and expected affects. It all makes perfect sense.
However the world is not working like that. At least not yet. Hey I will be the first one to admit it if I have no business at all but that is not how it is working. Your premise doesn’t take into account intangible and emotional reasons people buy. Giving them some incentive cannot hurt those intangibles only help them. I cannot wrap my arms around it all and tell you why people buy in depreciating markets… I wish I could explain it better. Maybe sdr can.
What you said above should happen and I believe it WILL happen. When? Don’t know. If employment starts to fall apart then the whole thing will crash and burn pretty damn fast. I think that is a major component that is kind of rescuing everything right now.
Anyways again, no argument with your post, except that I am a heck of alot busier then I should be given the market conditions.
