Tuesday, September 5, 2017

Did House Flippers Cause the Housing Crisis?

A recent article claimed house flippers, not banks or subprime mortgages, caused the housing crisis. I completely disagree, and I will tell you exactly why in this article. Admittedly, I am biased, as I have fixed and flipped houses before, during, and after the housing crisis. Although I am biased, I can still provide many more relevant facts as to who caused the housing crisis. I don’t claim that investors did not have a part in it, but the numbers do not lie when it comes to who had the biggest impact on the number of foreclosures in the United

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