Re:Are short-term home sellers screwed?
by learnstats2 on Tuesday January 09, 2018 @08:36AM
(#16105995)
The article treats short-term sellers as though people are randomly choosing to sell their homes after 90 days.
But that defies all logic. It's almost impossible to turnaround in that time by accident.
People who sell after 90 days were almost inevitably intending to do so all along. Fix and flip is a more reasonable starting assumption.
I guess it would depend if the first sale was brokered by a private individual or by a real estate agent. One would tend to think that most agents would price a home close to market (since they have more information of market pricing than the average person) and prices closer to market would be hard to flip for a large spread in a short period of time.
Re:Are short-term home sellers screwed?
by jrochkind1 on Tuesday January 09, 2018 @11:07AM
(#16107131)
How do you know it _wasn't_? We basically have a _whole bunch_ of possible hypotheses here that the data/analysis here does not allow us to distinguish.
Re:Are short-term home sellers screwed?
by notacoward on Tuesday January 09, 2018 @11:42AM
(#16107438)
I don't know, and made no claim implying knowledge. The "what about" attempt (more formally tu quoque) fails.
That seems like an unwarranted assumption. How do you know any fixing was involved?