3 ms·
Not irrational if you consider that frequently the land is worth a lot more than the house.
by minitoar 3y ago
Not irrational if you consider that frequently the land is worth a lot more than the house.
- 1letterunixname 3y agoMaybe those aging homeowners in San Jose, CA with Prop 13 or recent transplants with lots of cash who buy them out, but is that the majority of homeowners in America? I think not.
- minitoar 3y agoI don't know, but it sure is interesting to speculate! Maybe there's some way of finding out actual numbers?
- benj111 3y agoThat seems too rational for most people though. A home is an emotional thing, not just a thing that is worth money.