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Americans are flipping houses like it's 2006

Thursday, January 26, 2017 - 05:50

New York

A TACTIC that helped define the height of homebuying madness in the US in the years before the market collapsed is rearing its head again.

Home flippers, who buy homes as a speculative bet on short-term price appreciation, accounted for 6.1 per cent of US home sales in

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