Rational Advisor

We are irrational in predictable ways

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Jul 06 2008

Real Estate - Two for one deals

Published by rational at 9:49 am under Uncategorized Edit This

San Diego based Michael Crews Development is throwing in a second home, worth some $400,000 if you buy one of its spendy pads going for $1,600,000. Of course, it’s probably a safe bet that neither one is worth the sticker price, but it’s a vivid example of both creativity and desperation.

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