– Like many of the world’s most desirable cars, Porsche’s GT models attract the interest of buyers who are more keen to buy them as investments than for driving pleasure. But now the automaker says it is planning to crack down on those who have been betting on the rising value of some of its rarer GT […]
Tag: flippers
This Week In The Business: Nintendo Switch Flippers
QUOTE | “The individuals involved have been identified, terminated from their place of employment and are under investigation by local law enforcement authorities on criminal charges.” – Nintendo, making an example of employees at one of its US distributors who stole Switch systems and sold one to a NeoGAF poster who promptly showed it off […]
Miami condo flippers are getting hit hard and this is just the beginning
Wikimedia Commons Preconstruction condo flippers left twisting in the wind. The lure: Buy a preconstruction condo from a developer in the early stages of development. The initial deposit is small, and in a booming market, the payoff big. Additional payments need to be made as the building progresses, but lenders are eager to lend as […]
