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Flipping Houses

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Pittsburgh

The expansion of extreme house flipping and rapidly rising housing prices to cities like Pittsburgh is not a positive development for those of us who value affordable and diverse cities with stable growth. Unfortunately, smaller scale versions of what has happened to New York and San Francisco can be replicated in cities around the country. Still, I don’t know what the long-term market is in many cities for people able to turn enormous short-term profits on housing.

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