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8gv · 09-11-2021, 03:48 PM

I would not expect them to lower prices.

1) The cost of EVERYTHING continues to rise.

2) The new owners are likely to be carrying debt on the property. That debt service is a additional cost that their predecessors likely no longer had.

09-11-2021, 03:48 PM	#25
8gv Senior Member Join Date: Jan 2012 Posts: 2,011 Thanks: 61 Thanked 702 Times in 456 Posts	I would not expect them to lower prices. 1) The cost of EVERYTHING continues to rise. 2) The new owners are likely to be carrying debt on the property. That debt service is a additional cost that their predecessors likely no longer had.