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How so? Zillow shows my house as being worth 50k more than I paid for it 11 months ago.
by douche 10y ago
How so? Zillow shows my house as being worth 50k more than I paid for it 11 months ago.
- 1stop 10y agoInformation asymmetry sometimes defines an entire market (like salaries!). When you take away that asymmetry you change the market. I don't know if that's a good or a bad thing, but I assume that is what the GP is getting at.
- obmelvin 10y agoHow do you know your house shouldn't be worth even more? I'm not actually saying that it is or should. I don't have a clue where you live or what percentage of the total value 50K is, but that doesn't mean much.