<prompt> Human: Assuming youre just buying a home for a place to live, and its not a dream home...and also assuming that you price it with a wide enough margin to cover all your selling costs...why wouldnt this work? It seems that you could leave the inflated price on the market for a while - no harm no foul...but if someone bites on it, you could make a tidy profit and just move to another house. I recognize that this is a simplistic view, and I dont know of anyone who actually does this, so it seems like there must be some pitfall Im missing. What is it?  <response>: So you buy a house for 100,000 and immediately put it on the market for 200,000.The flaw in your plan is this: if there was someone out there willing to pay 200,000, they would have made that offer to the seller at the same time as you offered 100,000, and the seller would have sold it to the other person, not you.Houses do not magically go up in value. There are lots and lots and lots of properties in the world that stay the same value or decrease in value. 