Asked and AnsweredMy husband and I found an apartment we love, but there’s a bidding war. Should we participate?
No. At least that’s my opinion. Bidding wars arbitrarily inflate prices which is only good for those who benefit from higher prices. There are plenty of folks out there who purchased apartments at incredibly inflated prices, due to bidding wars of the past decade. When it comes to bidding wars, like drugs, “Just Say No”.