As my sibling post says, if you are house flipping, you almost certainly work out a way to not have a full realtor fee. Either by being said realtor, or otherw

As my sibling post says, if you are house flipping, you almost certainly work out a way to not have a full realtor fee. Either by being said realtor, or otherwise working out a deal. I've known several people that would do this. And I'm still fairly confident in my claim that you would really only do this if you had the capital otherwise. Upgrading a house is another odd one. Most of the upgrades you would do that go with "get a new house" are all size and location related. You might give some pause to the fees involved, but probably not much. My point on day trading is that transaction fees don't seem to stop people with excess cash to go off and speculate in the market. They won't be as high as realtor fees, of course, but the overall stakes are also not nearly as high. That said HELOC and similar tools also really highlight just how bad most people's financial considerations are with home values. Refinancing to get a lower rate is a laughable idea when you consider the fees that went into that effort. And that doesn't stop many people at all from doing it. (Not to mention the ones that reset their timelines...) All of that is to say, I still have my doubts that any of the myriad of fees involved in the process are what stops speculation.