Ha ha. I know a RE guy who moved from Brooklyn to Philly because of the opportunity to buy cheap, renovate or build, and sell profitably in Philly when NYC was already bought up and overpriced.
Wouldn’t surprise me if he’s been part of some quick-buck construction.
oh man I am telling you the truth when I say that these new homes are criminal!! The only people who will end of profitting will be the lawyers suing the builders. My next door neighbors bought their house 9 years ago from plans for nearly 600K and just spent nearly 200K rebuilding it since it fell apart. So sad and is rampant throughout the neighborhood. The new folks moving in treat us like garbage.