Nonsense. Do you think these landlords intentionally overpaid for the properties... | Hacker News

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		xadhominemx 52 days ago \| parent \| context \| favorite \| on: US will ban Wall Street investors from buying sing... Nonsense. Do you think these landlords intentionally overpaid for the properties? They are sophisticated entities who like to pay at or below fair value.

olyjohn 52 days ago | [–]

It's pretty simple, you overpay for something if you suspect it will be worth even more in the future.

roywiggins 52 days ago | [–]

It happens

https://www.npr.org/2021/11/03/1051941654/zillow-will-stop-b...

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