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How is this different than anything that one does or doesn't see value in?
I don't see value in people paying a premium for certain antiques and certain art. It doesn't detract from the art or antique because I'm not willing to part with the money being sought after. Conversely I cannot expect that just because I want to sell something for a price doesn't mean that it's the actual price. It's only worth what someone is willing to pay for it and actually PAY for it, not just appraise or value it.
The same goes for houses and stocks.
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