Remember, they do require that "extra level" of inspection that just people are scare of passing --- its an emotion so its supposed to be irrational. 

But sometimes that leads to overpaying and irrational decision-making, which aren't good either.

This may be an irrational concern. 

One who doesn't might not be a "regular", nor handy, but otherwise a really nice person.I am probably being totally and irrationally harsh on your handyman, but only to make a point - protect yourself.

You might only be willing to pay $160k for something, but for a variety of reasons, other people are willing to pay $180k.It could be that prices are being bid up irrationally.

There might be some slow down which I think is healthy and necessary to curb the irrationality that we had seen in the last year or so.I think buying in a good area with long term growth is a safe bet.

I live in FL property is in NY.Two ongoing situations:- Dad's (now ex)girlfriend of 4 years (she was abusive/irrational & he was breaking up with her) was listed in his will as able to live at the property for 5 years for $500/month.

It reminded of the dot.com bubble era phrase "Irrational Exuberance" because that is exactly what this all felt like.

You are trying very hard to make rational arguments with someone who is being irrational. 

And Jon (Wheatie) Holdman's "You only have to look at this graph from Robert Shiller's latest edition of "Irrational Exuberance" to know its going to get ugly at some point.