Cash buyers account for 33% of US home sales - News
[https://www.youtube.com/watch?v=X3p\_tXujIv8](https://www.youtube.com/watch?v=X3p_tXujIv8)
[{"id": "hax4jxs", "text": "In SFBA it is fairly common. For awhile people actually bring cash into escrow and get stopped demanding wiring or cashier cheque.", "replies": [], "depth": 1}, {"id": "hax4pwh", "text": "Yikes...", "replies": [], "depth": 1}, {"id": "hax9c9b", "text": "man, I don't want to have to do cash only", "replies": [], "depth": 1}, {"id": "hax9d2w", "text": "Forget about being priced out of the market.  Now we have to worry that even if we can afford a home we still need to complete with the cash buyers. :(\n\nThis is getting RIDICULOUS.", "replies": [{"id": "haxchvj", "text": "And forget about it if you have a low down payment (5%), no way you win", "replies": [{"id": "hb0ue0a", "text": "Down payment? You mean appraisal gap? Lol", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hazcf9c", "text": "Thanks, Feds! Years of QE infinite having what anyone could have seen as a consequence.", "replies": [], "depth": 1}, {"id": "hb09qjd", "text": "While I doubt this is true, hopefully they are mortgaging the property after cash purpose because it would be financially irresponsible to not do so.", "replies": [{"id": "hebj38w", "text": "Can I ask why that would be the case?", "replies": [], "depth": 2}], "depth": 1}]