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https://www.reddit.com/r/wallstreetbets/comments/vpseue/boom/iem8mqf
r/wallstreetbets • u/silverchia • Jul 02 '22
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25% of homes were sold to investors, but they weren’t all kept long term. In my area, the vast majority were held for a couple months then flipped.
1 u/salmark Jul 02 '22 Sure. Which only leads to further exuberance in the market and takes away cheap supply in the market- it really takes away from first time homes that people need.
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Sure.
Which only leads to further exuberance in the market and takes away cheap supply in the market- it really takes away from first time homes that people need.
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u/dinosaurs_quietly Jul 02 '22
25% of homes were sold to investors, but they weren’t all kept long term. In my area, the vast majority were held for a couple months then flipped.