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by uoaei 1613 days ago
Yep, the flippers and the cash-hungry are riding this high as long as they can. It's bred quite a bit of entitlement but with the bonus that their poor attitudes are rewarded with large sums. This will happen (and has been happening) as long as housing is an investment vehicle with profit potential.
1 comments

I can live with flippers and the cash hungry, since they mostly just do cosmetic repairs and they take some considerable financial risk.

But I absolutely despise big corporate builders who hire junkies as laborers and conmen as project managers. They will cut every corner, deliver late, charge a gigantic premium, and not answer your calls after you've taken delivery.