Comment by xarope

I feel there's a major distinct difference between;

- a well off family who buys a 2nd home to make sure their kids are set

- a group of well off investors who pool funds, buys a 2nd home, with intention to "flip" it in the next 1-2 years and make 10%

Both are "investors", but I'd like to think the 1st are trying to build a better future, whereas the 2nd are just arbitraging.