Comment by ryandrake
2 days ago
> It is really strange to read complaints that the vast vast majority of 20 somethings have no chance of competing against older established households in the housing market.
Not to mention Private Equity and huge real estate investment firms that vacuum up a significant (if small) number of homes. Even if that 20 something could scrape together a 20% down payment and make an offer for asking price, they're going to get beaten by some corporation buying with cash.
This seems like a tautology, an offer with less conditions attached is more attractive than another offer at the same price with more conditions.