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by hintklb 311 days ago
Exactly. Real estate is highly emotional and irrational.

I personally know a ton of people that are keeping a house and renting it out at a loss (because of the market rate), because they cannot seem to emotionally agree to sell that house. This happens way more with real estate than with anything else. Half of the time they don't even realize they are losing money, the other half of the time they don't want to know they are losing money.