Well, there are three things to think about. There's the current open market price of something, there's the actual subjective value of something, and there's

Well, there are three things to think about. There's the current open market price of something, there's the actual subjective value of something, and there's the subjective value that the buyer hopes something will end up having before the transaction is made. Poor people are certainly sometimes bitten by lack of savy, but more often bitten by the exigencies of their lives pushing them towards shorter planning horizons.