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>> Isn't this one of those "If everyone is crazy, you're crazy" situations? No. Hopefully you aren't using that justification to do something stupid.
by rufus_foreman 5y ago
>> Isn't this one of those "If everyone is crazy, you're crazy" situations?
No.
Hopefully you aren't using that justification to do something stupid.
- serf 5y ago>No. just no? group consensus and participation shapes nearly every human endeavor; why do you think that this round-a-bout consensus (97%) is unrelated?
- fennecfoxen 5y agoBecause for all that today's sales prices are driven by that consensus, you can do math on the expected future income stream (including imputed rent) (adjusting it for interest rates and inflation and risks) and determine that it comes up a bit short by most measures.