alt Hacker NewsNonsense. Do you think these landlords intentionally overpaid for the properties? They are sophisticated entities who like to pay at or below fair value.
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roywiggins • last Wednesday at 8:33 PM
Nonsense. Do you think these landlords intentionally overpaid for the properties? They are sophisticated entities who like to pay at or below fair value.
It's pretty simple, you overpay for something if you suspect it will be worth even more in the future.