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dubswithus | 3 years ago

You bought it to live in for 5 years and then you flipped it for more money than you bought it? That's the definition of successful speculation.

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babypuncher|3 years ago

The difference is turning a profit was not my primary motivation, owning my primary residence was. If making money was my top priority then there are several other houses I looked at that I would have bought instead.

dubswithus|3 years ago

Imagine someone offered you a house but the agreement was that you could only sell it for what you bought it for. I doubt you would buy it considering there are other options on the market where you could profit in the future. It's 100% speculation. It's part of the package.