[lbo-talk] origins of the housing boom

[// ravi]

On Aug 29, 2011, at 11:50 PM, shag carpet bomb wrote:
> by the way ravi, appraising is what the bank does to decide if the loan they are giving you for the house makes sense based on the appraiser's estimate of what it is worth. (it was fun reading the appriaser's commentary! talk about making rilly rilly clear that there's no such thing as an objective value for anything....)

Ah, okay. I mistakenly thought you were talking about the tax assessment or whatever it’s called that the township springs on you once every few years.

	—ravi