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Old 07-17-2020, 08:56 AM   #4
thinkxingu
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When we were selling my parents' home in late March, we saw listings plummet because showings were suspect. The timing was crazy good for us as, because of the inventory "shortage," we got an offer $25k over asking, which was ~$10k higher than we planned to begin with.

The used market is CRAZY right now—I sold a few of my kids' bikes and got over 35 hits in the first hour for each and ended up selling them all for at least $25 more than I paid a few years ago. Jetskis are also nuts—dealers are charging $1k markups and people are selling their '20s with tens of hours for more than they paid last month.

Things are gonna crash—this system is unsustainable—and given that it's already the second half of July, waiting to buy anything seems like a good idea.

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