We were driving to a birthday party. Mrs. Muttrox was in rare form.
Me: Those are some nice houses. A good sized yard for this area.
Her: Sure, but they’re over a million dollars.
Me: Really?
Her: Sure, this neighborhood is pricey.
Me: I wonder why, it doesn’t seem that great… a million dollars?
Her: Well, the ones coming up are around $900,000, so it makes sense.
Me: I guess.
(30 seconds later, we pass the next development.)
Me: I don’t see the price on the sign. How do you know those are $900,000.
Her: I don’t know, but I’m assuming they’re that much.
(pause)
Me: Wait a minute!
Yeah, but you have to know what the ones around the corner are actually going for or you’re just begging the question.
That’s pretty much how they price houses anyway, right? “Well, what are the ones around the corner going for?”