low ball offer
International Buyer wants to low ball Vancouver Luxury Condos
Ian thinks 50% low ball offers aren't going to work in the luxury Vancouver market - it's just too low. Ian says Vancouver's not like New York and San Francisco and those other places that are correcting.
50% off? Not yet. But more to the point, what would be a cagy starting point for low Vancouver offers? 10% off? 20% off? 30% off? And whatever discount makes sense now, where is it going to get to in another two years?
That Dubai guy might just have to wait a couple more years, Ian. 50% off takes us back to where this bubble all began, and Vancouver is one of the bubbliest cities around.
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