The new American Way? Cheap illegal labor, incompetent or indifferent (bribed) inspectors, maximized margins, lack of personal integrity to produce a quality home, ridiculous prices, inflated tax assessments, a soon-to-be insolvent lending industry, not to mention the disenfranchised shaftees (homeowners) stuck with billions of worthless structures.
Ultimately, you get third world standards and practices in all systems.