Cognitive Bias: Why Neurotic People Make This Real Estate Choice More

A paper in the Journal of Behavioral and Experimental Economics finds that personality traits are strong indicators of real-estate decisions. Are you neurotic? You probably have a cognitive bias toward home ownership instead of renting. You'll probably opt for home ownership over renting.  Do you consider yourself conscientious? It's more considerate to sign up for a fixed-rate mortgage.   read more

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