Quote:
Originally Posted by pastarocket
This family in Burnaby got outbid 16 times in the last two years during their attempts to buy a house.
Frustrated Burnaby family outbid on 16 homes in two years - NEWS 1130
BURNABY (NEWS 1130) – Being outbid 16 times in the last two years is disheartening for one Burnaby family of four.
Maria Dosen and her husband sold their home in 2014, they moved in with her parents but assumed it would be short term until they found a new place to live.
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With a budget of $1.2 million, the family has often put in $70,000 over asking price but they’re no closer to owning than they were two years ago.
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He says more people are chasing fewer units and that results in multiple offers and bids
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sounds more like a sore loser that lost their gamble