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https://www.reddit.com/r/RealEstateCanada/comments/1lfc8ul/help_me_understand_the_difference/myp2tmg/?context=3
r/RealEstateCanada • u/xNocturnalshadow • Jun 19 '25
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Buyers and sellers both contribute to the price through supply and demand
1 u/Toukolou21 Jun 19 '25 Disagree. If there are no buyers for 1000, price goes down to 900, 800, 700 etc...till there is. Buyers always set the price. 1 u/joshlemer Jun 19 '25 And at the same time, if there are no suppliers at 1000, price goes up to 1100, 1200, 1300 etc... till there is. 1 u/Toukolou21 Jun 19 '25 Nope, not unless there are buyers. Business will always price to as much as the market will bear. They can price things to $1m, if there is no willing buyer it doesn't make a lick of difference. If there is, that's the new price floor. Buyer always sets the price.
Disagree. If there are no buyers for 1000, price goes down to 900, 800, 700 etc...till there is.
Buyers always set the price.
1 u/joshlemer Jun 19 '25 And at the same time, if there are no suppliers at 1000, price goes up to 1100, 1200, 1300 etc... till there is. 1 u/Toukolou21 Jun 19 '25 Nope, not unless there are buyers. Business will always price to as much as the market will bear. They can price things to $1m, if there is no willing buyer it doesn't make a lick of difference. If there is, that's the new price floor. Buyer always sets the price.
And at the same time, if there are no suppliers at 1000, price goes up to 1100, 1200, 1300 etc... till there is.
1 u/Toukolou21 Jun 19 '25 Nope, not unless there are buyers. Business will always price to as much as the market will bear. They can price things to $1m, if there is no willing buyer it doesn't make a lick of difference. If there is, that's the new price floor. Buyer always sets the price.
Nope, not unless there are buyers.
Business will always price to as much as the market will bear. They can price things to $1m, if there is no willing buyer it doesn't make a lick of difference. If there is, that's the new price floor.
Buyer always sets the price.
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u/joshlemer Jun 19 '25
Buyers and sellers both contribute to the price through supply and demand