| Comment | >But to start ... just fix home report valuations ... if everyone is offering 20% over the valuation then the valuation is wrong!
It's not that the valuation is wrong as such. The house/flat/whatever *is* only worth the home report. Folk are coming in, though, and sticking money on top of that. It's effectively wasted money because they might not ever see that return because they paid too much (i.e. if they move, they're not gonna make profit enough to cover what they paid). |
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