Backlash against house flippers intensifies as $1.2 million home scandal unfolds

A New York home that was purchased for $260,000 in 2020 has been renovated and listed for $1.2 million, sparking outrage and discussions about affordability in the housing market. A viral TikTok video showcased the drastic price increase, with social media users expressing shock and criticizing house flippers. The housing market has been struggling, leading some flippers to slash property sale prices or transition into becoming landlords.