Using the above information, which kind of investor would likely turn the greatest profit in this market, given that each of them purchased a house in this area at year 0?
a. a long-term investor, who wishes to hold onto the house for an extended period and rent it out in the meantime.
b. a house flipper, who will sell the house as soon as the market increases its value.
c. a moderate-term investor, who will sell the house once it reaches a certain price.
d. a cautionary investor, who will sell the house in order to minimize losses as soon as the prices begin to drop.