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Put another way: why would anyone be willing to sell at a price that would make it extremely attractive to a potential landlord? Why wouldn't they run the math and try to price it at a level near the margin of what a potential landlord would accept?

Never mind the seller or taking into consideration the potential landlord what about the buyers who don't care about ROI but are looking for the perfect house to raise junior and geraniums? There are far more of these in the market and the price will be set by them.

Hyperborea
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