Yeah, in the US at the moment. Transaction costs are a big one. In some countries there's stamp duty, in the US there are unusually high closing costs (6%?). T

Yeah, in the US at the moment. Transaction costs are a big one. In some countries there's stamp duty, in the US there are unusually high closing costs (6%?). That said, the bigger the investment the longer I want to hold it, and those transaction fees aren't as steep when amortised over the home-onwership term.