Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
Did flippers trigger the housing crash of 2008?
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

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.