QUOTE(Jasoncat @ Jul 1 2015, 07:45 AM)
Agreed that a good mix of flippers, investors and genuine home buyers are needed.
Yes, sometimes i also agree on this.
Because the concept is flippers Take Risk to help Developer Sold Out, in order Developer got Cash Flow / Capital to build further more phases.
If no flippers, phase 1 remain many, developer no cash flow no confident, then no new further phase, township dead.
So flippers earn less than 100k also make sense, because need take risk. So investor holding longer for many years for 200k also good.
But this concept is implement to good developer with control on purchaser like Q, like ballot and etc.
Not like some many developer, let few big group of people bulk bought and they control the sub sales price.