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If people would stop flipping houses (buying, painting, cleaning, and selling at a large profit.. commonly $20K OR MORE): a) houses in our area would not be as expensive as they have become and b)houses would still be selling left and right. The same people that are complaining that they can't sell a house are the same people that put us in this rut to begin with. There was a house beside my two story home for sell. It went on the market for $140,000.It sold for right around $135,000. A real estate person came and planetd an intracoastal real estate sign in the front yard. She had purchased my next door neighbors house AND THEN IMMEDIATELY AFTER HAVING THE YARD CLEANED UP AND PAINTING THE HOUSE PLACED IT BACK ON THE MARKET FOR A STAGGERING $195,000 .. AND IT SOLD !!!!!!!!!!!!! (I'd love to make $50k per month !!!) SOMEONE NEEDS TO MAKE HOUSE FILPPING ILLEGAL OR AT LEAST LIMIT THE AMOUNT OF PROFIT A FLIP CAN BE SOLD FOR !!!!!!!!!!!!!!!!!!!! And it is NOT investing.. It is ripping people off!
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