Renting: Can bidding wars be stopped?

Comments

• LemmyKnowsBest@lemmy.world ⁨1⁩ ⁨year⁩ ago

  LOL I can’t believe the realtors would not get rid of the mushrooms growing out of the wall before offering a showing to perspective tenants LOL

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  • Witchfire@lemmy.world ⁨1⁩ ⁨year⁩ ago

    They know people are desperate, and are pulling the noose tighter

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    • LemmyKnowsBest@lemmy.world ⁨1⁩ ⁨year⁩ ago

      I can see the landlord:

      “You WILL pay extra for this toxic mold, inedible mushrooms, and rat roommates, BECAUSE YOU’VE GOT NO OTHER OPTIONS. Now place your bids.

      Highest bidder earns the privilege of sleeping with rats & scraping mold.

      The rest of you, prepare your cardboard boxes for the streets which have HOMELESS rats in even greater quantity than the recesses of these apartment walls.

      Mwah-ah-AH!”

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  • andthenthreemore@startrek.website ⁨1⁩ ⁨year⁩ ago

    It’s London, they know it will get let no matter how bad it is.

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• deegeese@sopuli.xyz ⁨1⁩ ⁨year⁩ ago

  If they ban bidding wars, landlords will raise the listing prices above what they think it’s worth.

  Then next year we’ll be hearing about empty apartments with crazy asking prices.

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  • Ilovethebomb@lemm.ee ⁨1⁩ ⁨year⁩ ago

    You’ll more likely end up with a Dutch auction situation, where they start high and slowly drop the price until someone takes it.

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  • Lucidlethargy@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    Eh, I doubt it. Let them try.

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• Cosmicomical@kbin.social ⁨1⁩ ⁨year⁩ ago

  You should just immediately dismiss a property when they tell you there are other offers. If enough people does it, in the long term this will make the landlords reconsider. Easier said than done, i know

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