Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

43
Posts
3
Votes
Eric S.
  • Investor
  • Columbus, OH
3
Votes |
43
Posts

Did flippers trigger the housing crash of 2008?

Eric S.
  • Investor
  • Columbus, OH
Posted
New research shows that flippers and investors are more responsible for the housing crash of 2008 and near economic collapse, then subprime borrowers per this article https://qz.com/1064061/house-flippers-triggered-the-us-housing-market-crash-not-poor-subprime-borrowers-a-new-study-shows/ What are everyone's thoughts?

Most Popular Reply

User Stats

2,283
Posts
2,956
Votes
Nick C.
  • Specialist
  • Tampa, FL
2,956
Votes |
2,283
Posts
Nick C.
  • Specialist
  • Tampa, FL
Replied

Admittedly I didn't read this article, but I the findings of most research varies depending on who is funding it. 

Concerning the crash, and most large events throughout human history, it wasn't just one factor or another. The borrowers shouldn't have borrowed the money, the lenders shouldn't have lended it, and the government shouldn't have backed it and encouraged the lenders. Everyone played their role, and each player blames the other. 

Loading replies...