Bai Suihe explained it to him: an auction was a contest of courage and financial strength, as well as an intense psychological battle. People with strong competitive streaks loved to compare themselves against others and show off their prestige on such occasions. This was especially true when there was only one competitor left. Neither would be willing to give ground, so they would compete to raise the price, attempting to crush the other party. This would ultimately lead to a final transaction price far higher than the market value. This was the true meaning of an auction.
"Will they regret it afterward?" Gu Kaiyuan asked. He knew that although buying and selling was voluntary, the inner workings of some families were quite filthy.
"So what if they regret it?" Bai Suihe looked up at him. "Do you think our land was sold at too high a price, or did we scam someone with the valuation?"
