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A comment on Americans still think they can make money flipping houses. Parent comment

Re:Americans still think they can make money flipping houses by s1artibartfast on Saturday July 09, 2022 @11:59AM (#32036302)
However, you can't ignore the fact that homes have real tangible value and limited supply. As long as this is true, they will be a store of value.
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Re:Americans still think they can make money flipping houses by aaaaaaaaata on Saturday July 09, 2022 @03:42PM (#32038576)
> limited supply

You can build 8-15 new houses in about a month for what it costs for one outside of LA.

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Re:Americans still think they can make money flipping houses by s1artibartfast on Saturday July 09, 2022 @04:58PM (#32039241)
sure, but they wont be outside of LA. Land and location are part of what goes into the housing supply and you cant ignore that.
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