No, they aren’t.<p>That “buying an entire neighborhood in a single transaction” thing is misleading.<p>It was designed from the very beginning to be sold in a single transaction, much like apartment towers in the city are designed, built, and then sold.<p>A “normal” housing development sells individual houses one at a time, usually far in advance of the house being built. You can’t sell the whole thing at once unless you planned to do that at the very beginning of the project.
I'll save you some trouble. This lost all credibility when 3/4 of the way down the poster starts talking about how the 2020 election was stolen.<p>> You think this will be corrected by market forces when it is a financial and political pincher movement pushed by the same cabal that stole the 2020 election & hid COVID Truth?
My guess is because with the rise of telework/distributed people don’t need to live in urban centers, therefore they are more flexible on where to live, therefore want houses and walkable neighborhoods. Since it’s hard to make more of these quickly, demand will rise.<p>If more companies come out of COVID with liberal remote work policies, and I think they will to compete, this will make demand for these houses go way up as people start making long term plans (eg, “I can’t move the kids to a new school until I find out if work sticks with telework”).<p>I also wonder if there are more exurb dev deals breaking ground with planned communities 1 hour away from large metro areas. I think it’s good time to invest in semi-remote small towns with fiber to the home.
See also <a href="https://news.ycombinator.com/item?id=27448175" rel="nofollow">https://news.ycombinator.com/item?id=27448175</a> from yesterday
This should probably be illegal. One could argue it's beneficial for renters i.e. 'free market' but what this really is is the financial system and especially the federal reserve enabling funds to leverage themselves over the middle class.<p>Only so many equities they can buy, have to get out of cash, buy homes and big against other people.<p>It also may be another sign of inflation.