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Asian investors are outraged after a US court last week said home-sellers no longer have to reveal that their houses were the locations of "shocking or terrible deeds", which one presumes means murders, suicides, massacres, people watching Glee, people eating bacon ice cream sundaes, etc.
As a result, people from India may end up buying US homes cursed with bad feng shui, awful karma, ghosts, etc., without realizing it.
"The only option is for the Asian buyer to try to re-sell the house by turning the ghastly deed into a selling point," said a reader named Tiny, who follows investment property in the US.
In celebrity-obsessed America, this may actually work. After getting Tiny's email, I googled the famous haunted house in Amityville, Long Island, and found it was last listed for US$1.15 million - while the very similar UNhaunted home used for The Amityville Horror movie was ten percent cheaper. I can visualize the ad now: "Be a part of history. Buy a house where mass murderers did their thing! AND they probably ate bacon ice cream sundaes.
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