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@homeowner Yep. Thought it’d be an interesting anecdote to share. Three months ago we were reading about reduced demand. It’s just not what happened on the day. Today was crickets in comparison. There was obviously enough vendor power to force the price a further 80k.

@resjudicata Lol “one roof” as your reference. Basically people will stop buying some boats and REAs will go back to doing something useful.

@resjudicata Why will the whole economy fail?

@resjudicata I’m kinda worth you. At the end of the day they don’t have to sell until it hits the reserve. So as long as it’s clear that it’s a vendor bid I guess it’s just part of it.

Today on my street I observed an auction. Three months ago I watched an auction for the house next door. They’re both townhouses on roughly 350m2. One a 3x2 and one a 4x2. I’d view the 4x2 as in a more desirable position on the street even if they were the same size. Three months ago for the...

@mickcee Exactly lol. I took a co tract role in October. But I knew the lay offs were coming. November 30% of the company gone.