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In the past decade or so, buying a fixer-upper, updating it, and then selling it for a nice profit attracted seasoned real estate investors and newbies alike. Many professional and amateur investors wanted a piece of the quick-profit pie. During the past three to four years, housing construction has slowed to a virtual standstill.
The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but the principles involved can also be applied to the many fixer-uppers—whether the buyer is a “purely investor type” or an “owner occupied investor type.”
For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. gentrification has started taking place) will appreciate greatly because: There is a plethora of investors with cash, looking to diversify out of the stock market and worried about inflation.
million undocumented immigrants work in construction. Could new home construction wane as you fulfill this campaign pledge? Some stats: As recently as 2023, it is estimated that investors accounted for 27% of all single-family home purchases, up from the high teens in 2019. million owned by individual investors.
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