Comment by kevin_thibedeau
7 hours ago
The concern is that the sellers can ratchet up their asking price if a deep pocketed buyer is known. Walt Disney used a bunch of shell companies to buy up land in Florida. If property owners knew he was buying, they'd ask for much more.
I think it's equal parts "who" and "how much".
If Walt Disney wants to buy a bunch of random houses in Florida I think most people would sell them for market price. But if they all know that their specific house is an essential part of a multi-billion dollar plan, you're liable to have holdouts.
> you're liable to have holdouts
That's what happened after his shell companies were exposed.
But the price should be ratchet up if the demand is there to support it.