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ChristianKl comments on Open thread, Mar. 23 - Mar. 31, 2015 - Less Wrong Discussion

6 Post author: MrMind 23 March 2015 08:38AM

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Comment author: ChristianKl 24 March 2015 07:04:31PM 3 points [-]

Do people who passionate argue for buying a home instead of renting violate the Efficient Market Hypothesis? If that is so much better, why don't see a lot of people making money from landlording, by buying on mortgage and renting it out?

There are transaction costs involved in landlording.

People take better care of a house if they own the house.