Rational Home Buying
My parents are considering moving house. I've had a front-seat window to their decision process as they compare alternatives, and sometimes it isn't pretty.
A new house is one of the most important purchases most people will make. Because of the sums involved, the usual pitfalls of decision-making gain new importance, and it becomes especially important to make sure you're thinking rationally. Research in a couple of fields, most importantly positive psychology, offers some potentially helpful tips.
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