The days of flipping properties could be over due to ‘unrealistic’ selling prices and the soaring costs of supplies, experts have suggested.
Building materials have been steadily rising in price for years, and 2023 is to be no exception due to inflation still wreaking havoc on the economy.
Meanwhile, demands for housing and other buildings continue to increase, making the cost of construction and hiring workers more expensive.
It means the work of a so-called ‘flipper’ – who buys and