Comment by majormajor

The more expensive a transaction, the more crap. Houses are worse than cars!

But then if you spend enough more you get into super fancy squads of lawyers territory and a lot more due diligence and contracts.

The sweet spot for scams it:

* rare enough for the average person that they won't do too many in their life, and so it would be high effort to become an expert

* not quite expensive enough that all your potential buyers can lawyer up

Kinda funny that we put up with it. It's not adding value to the economy.