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> Flippers are filling a need/void in the market. I get all of that. What's out of whack is the flippers profit and how much market penetration they have and ho
by onlyrealcuzzo 5y ago
> Flippers are filling a need/void in the market. I get all of that. What's out of whack is the flippers profit and how much market penetration they have and how they are not actually improving properties. Sure they look nice, but behind the walls they actually screwed a lot up in the process of making it "nice."
How is this different than Mercedes and BMW vs Honda and Toyota?
It's not like people are only allowed to pay more for things that you think are actually worth more.
People regularly spend lots of money on what many people consider waste. Why shouldn't they be allowed to do it on housing? New construction is just as rife with this problem, I think.
Houses are built with a ridiculous set of boxes that need to be checked by buyers. They are not built to be actual livable houses. They're built to be sold.