WHAT OUTSIDERS MAY NOT REALIZE IS THAT "HOUSE FLIPPING" BECAME A MAJOR PART OF THE US ECONOMY IN THE LAST FEW YEARS...
THERE WERE AT LEAST THREE CABLE TV SHOWS DEDICATED SOLELY TO "HOUSE FLIPPING"...! SORT OF "HOW TO..." PROGRAMS FOR POTENTIAL "FLIPPERS..." AND MOST OF THESE PEOPLE LIVED TO TOTAL FEAR OF HAVING TO MAKE THEIR "NEXT" OR EVEN "FIRST" MORTGAGE PAYMENT ON THEIR SUPPOSED "FLIP!!"
THE NOTION THAT YOU COULD MAKE 50,000 T0 100,000+...IN A FEW WEEKS BY "FLIPPING" HOUSES IS ONE BIG CAUSE OF THE CURRENT REAL ESTATE DISASTER...
MANY PEOPLE ARE SIMPLY WALKING AWAY FROM THEIR "FLIPS...!" AND, FLIPPING THE BIRD TO THEIR MORTGAGE HOLDERS...!
