How is the genuine buyer affected by property flipping?
Zameen.com Posted: 13 Jun 2016 The real estate market is maneuvered by several players, each interested in achieving their own objectives. There is the government that attempts to regulate the market in a bid to keep the sector stable, the developer who attempts to initiate and create unique real estate projects to maximise profit, the agent who is after commissions and big deals, and the property flipper who is always on the lookout for the most lucrative investments to make a few quick bucks. And last, but certainly not the least, is the genuine buyer who painstakingly saves money to buy a residential property to live in. This may very well be the person who has been praying to be free from the torment of monthly rent. Although the genuine buyer should probably be the most important player in the real estate sector, this is not always the case. The market is, in some ways, more influenced by the property flipper than the genuine buyer. How? Well, the simple rules of...
