Based upon the flurry of mail I’ve gotten from flippers I’d bet it’s collectors.
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Our GDP is so self inflated.
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Investors/gentrifiers coming in with cash, out bidding everyone and then making it unaffordable for working people to occupy.
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Yupp. Recently sold my house here in Fresno and we had investors from San Fransisco who tried to outbid everyone. Wanted our home for a “vacation home” to get out of the city
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Considering millions out of work I would assume it's the rich coming in and buying everything
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I live in a small 55+ community, I've never seen so many flippers
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I’ve been keeping my eye on the Californian market...and it’s not cheap out there either.
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I smell a new cable show on fixer uppers.
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Should be correctly titled: "Record amount of home owners forced to sell due to Covid related financial ruin, wealthy investors take advantage"
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A Wall St. company called Homes4America got a huge govt. cash infusion in March. Our local news did a spot about it harassing people to sell their homes.
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What a sneaky name...
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