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March 23, 2008

Irrational Owners?

Opting to Rent Instead of Sell: Does it Make Sense? Today’s slow housing market is making many would-be sellers act stubbornly, if not irrationally. Perhaps the best example is the long-time owner who is disappointed with prevailing prices, and instead opts to rent until the market improves. While this can be a rational, economic response...
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