Sunday, July 23, 2006
Flippers in Trouble
For those of you who were either sleeping through the housing bubble busts of the past, too young to remember previous housing bubble busts, or just too brain-washed to believe that housing bubbles do bust, then check out this blog which documents housing flippers of today who are losing or have lost money.
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3 comments:
Equity value loss in % terms will of course be far far higher.
Not to mention those transaction fees.
"They call him Flipper, Flipper,
Caught in the gill net..."
That is an amazing blog.
So many homes!
How long for this to reset to normal?
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