Most would say they prefer to have more information, so that if a decision has to be made, it would have been made based on what we term "informed" decision. However, not everyone is able to put things in context and when there is an information overload, it confuses the situation instead of making things clearer.
Whatever it is that we own, we need to think and feel and know that there is some value attached to it. We get pretty riled up when told otherwise. That's human nature - we do not wish to have made a poor investment or judgement. We feel that we are being attacked personally when told that the product that we have doesn't have as much a value that we imagined it had. We feel that people who tell us this honest fact are just not good enough to carry out their job.
What we do not see is, the problem is not with others, it's with our perception of things. As much as we want to sell something for more than it's value (because we own it), the buyer would want to buy something for lesser than the current value so that he has room to profit (in future). No one will do any investments when there is no room for appreciation.
And so, this entire weekend, I was stuck with a delusional owner - who insisted that a unit having a park view and one with a back-lane view didn't matter. I'm sure, if he was the purchaser now, he would tell me different, that watching children in the playground is much better than looking at the KTV's utility room - full of dirty linen, cooking smells and half naked men parading in a towel in the afternoon - he couldn't understand why he couldn't sell his unit for as much as the one with the park view. Perhaps he felt that his unit had live feeds and that warranted some premium.
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