Hacker News new | ask | show | jobs
by zeveb 2972 days ago
> I think the biggest problem with it, even with industrial stuff, is that it's ignoring transaction costs of moving buildings?

Then maybe the rule is that you will be forced to sell to anyone who pays you N × the value you self-assessed at, where N > 1. E.g. if transaction costs average 20%, you have to sell to anyone who will pay 1.2 times your self-assessed value.