Suppose person #1, the breadwinner of a family of 4 investigates the real estate market in 2004 and sees an opportunity to flip a house for $50K profit to pay towards his kids’ education. Is this ethical ?
Suppose person #2 investigates the real estate market in 2004 and sees an opportunity to cash in and sell their primary residence to pay for their kids’ education when they think real estate has peaked, plans to rent for a while, and buy in later at a lower price. This is also speculation. Is this ethical ?
Assume that the houses are identical and sell for the same price and all aspects of the property are disclosed.
I have to believe that these are both ethical. There is nothing inherently morally wrong with a person identifying a legal way to produce income or savings by buying or selling a property based on speculating what value that property may have in the future.
