LBC, also remember if you buy that house for 800k instead of 600k to save the comps for the neighbors, you’re paying property taxes on $800 not $600k. At 1.2% that’s $2400 extra per year forever, plus that extra $200k basis will increase at an annual compounded rate of 2%.

What is the NPV of saving the neighbors comps? Are the neighbors going to help you pay your taxes? F— the neighbors!