House auctions are terrifying enough – now, let’s play out the scenarios, writes our Modern Guru.
My good friend and I are both house-hunting and are looking for the same type of house in the same area. If we turn up at the same auction, is it OK to bid against each other?Auctions are stressful enough when you’re not even buying a house. When you’re just standing there watching, and the price is going up in increments that are more than you earned between the ages of 0 to 35.
Bidding against a good friend is lose-lose, so if you both turn up at the same auction, discuss who’s prepared to bow out to save the friendship. And if no one’s prepared to bow out, then what can you do? Let the resentment unfurl. Blink hard.is a columnist for The Age and The Sydney Morning Herald. He writes the Modern Guru column in the Good Weekend magazine. He is also the author of the books Spit the Dummy, Dork Geek Jew and the Little Lunch series for kids.
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