Skip to content
Subscriber Only
Opinion
Barry Ritholtz

Harsh Reality of Home Flipping

Home flippers bought houses that needed some TLC, fixed them up, then sold them for a profit. They mostly went extinct during the housing crash. 
House flipping is so 2006. Photographer: Daniel Acker/Bloomberg
House flipping is so 2006. Photographer: Daniel Acker/Bloomberg

Once upon a time, there was a group of folks known as home flippers. They bought houses that needed some TLC, fixed them up, then sold them for a profit. The real-estate equivalent of day traders, they mostly went extinct during the housing crash.

Except on television.