You greatly underestiamte what they paid and overestimate the gains by at least double and fail to take into account transaction costs. More so you miss the point. They feel fortunate to have made anything on their homes, are not greedy and have the incomes to make that money back. These arent people running around in H2’s or MBZ’s. These are hard working people dring 10 year old cars paid off that live within their means. They watched other homes sell for alot more. Now they are looking for a reasonable price, with reasonable terms so they can get on with their lives. They have hopes just like everyone else. It’s no fun to have to crush them.
