Have you thought about house flipping?

House flipping is the process of buying a house and then selling it for a profit.

Recent research shows that the number of people flipping houses has fallen.

Have you ever considered doing something like this? Or are you hoping to give this a go in the future?

Yeah that’s an interesting point…

I wonder how nice the majority of flippers actually make it though.

I assume most flippers buy the run-down places and spend the bare minimum to make it nice, so they can make the biggest profit? :woman_shrugging:t2:

I also have ethical reservations about this. If you’re going to invest, at least invest it in something that is helping someone else. Flipping houses for the intention of making as much money as possible, pushing up prices when so many people are struggling is hard to defend

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I guess the issue is much bigger than people house flipping

I came across this research the other day and thought it was pretty interesting. It says the average time it takes for someone to save a house deposit on their own is 8 years and 4 months - or if you’re in London over 15 years…

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