Some people are just that toxic about it. Or (for some of them, perhaps) they could just be bidding on the same one with multiple alts.
But yeah, it baffles me that someone would bid on a plot of a specific size when there are still so many left with 0 bidders. Some people just like to watch the world burn. That reason alone is why I don't tell anyone outside my FC which plot I'm gunning for.
As a side note, I don't wait until the last minute because stuff can happen. Last-minute emergency maintenance, or maybe the power and/or internet went out where someone lives. Then what? Naw, screw that noise. I can at least have some chance rather than have zero chance because of a risky wait.
(And yes, I have had times where I lost power/internet where I live during critical housing moments. That's why I prefer to be safe than sorry. If you want to wait, that's cool. I won't stop you. I just don't consider it the best choice.)

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