Friends not budging, setting the price floor for their sales

Got a couple of friends in their late 30s trying to unload their empty income properties and I have noticed their houses aren’t selling like in March/April. Yesterday I was out with them and they acknowledged there won’t be any price drops, that they are in no rush to sell them (the mortgages have been paid off). I asked well given that a comparable property sold TWO years ago for 250-350K less than the average now why wouldn’t you sell a bit lower, you are still making off like a bandit? They both said: this plateau is temporary and “just wait” until the Liberals get a majority, then it’s going to boom again… so for them sit on empty properties while I know many renters getting evicted and having difficulty finding housing. They showed indifference to me making that point. This is pure greed.Need new friends. via /r/canadahousing https://ift.tt/2S1W1bq