Regarding the article I've provided a link for below, if the offers are 'crazy' in the opinion of the real estate agent concerned, can someone explain why the retail bank making the mortgage loan be happy with that situation? Offers that are 'crazy' have a clear implication that they are unsound or not rationally justifiable and the person making the offer will no doubt end up paying way over the odds. If something is descibed as 'crazy' it usually connotes something irrational is taking place.

I won't post the substance of the article, just the link. But it is clear that the intent of it is to stoke this phenomenon called 'FOMO', and I consider that to be irresponsible.

https://www.oneroof.co.nz/news/43986