Quote:
Originally Posted by ken0042
I guess we were talking about two seperate things.
I was thinking of the people who were buying properties; knowing that they could turn around and flip the place once contruction was complete and make a profit. It is those people who I have little sympathy for; as part of any investment is the risk involved.
|
My original reply to Blackarcher specifically bolded this part
The buyers who get the shaft here are the investors who are treating homes as extra investment income or a business who expect to make a profit
I took that to mean - rent/flip/grow-op
what have you all people looking for income/return.
Flippers, do I feel sorry for them? No, but I don't blame them or wish them any misfortune. Which on a whole is what I was talking about.
