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Bizarre, irrational and hysterical market
A one bedroom condo in Burnaby listed as $399900 goes to the highest bidder at $520000 after 15 offers in 2 days. Listing price is purposely below market value to attract the widest attention. After designated viewing times . Then is time to submit offers. The only way to reverse this trend is every body cool down and COLLECTIVELY REFUSE TO BUY.
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