The thing that wasn’t talked about after the real estate bubble burst ten years ago was the flippers running up prices.
A family that could afford but lost out on the $200,000 house because they were out bid ended up paying $350,000 for it a year and a half later after it went through a couple of other hands. But only because they were given a bad loan with shady terms.
Nyckname over 6 years ago
The thing that wasn’t talked about after the real estate bubble burst ten years ago was the flippers running up prices.
A family that could afford but lost out on the $200,000 house because they were out bid ended up paying $350,000 for it a year and a half later after it went through a couple of other hands. But only because they were given a bad loan with shady terms.
And things have only gotten worse.
Plods with ...™ over 6 years ago
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