Quote:
Originally posted by Rick V
I flipped my rental house for a nice profit. It was just dumb luck on my part.
I personally feel that the trend of "Flipping" has led to a market where the average working slob can't afford to buy. JMO
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+1
It's getting to the point where there will once again be two classes of people - those who own property and those who never will. Not sure which group I'm in yet, but it's certainly going that way.
Kind of ironic that we're reverting to a variation of a system which people resented for centuries (feudalism) although in this case, mostly the "owner" class will have lucked into it. Very strange how things are unfolding. . .