Quote Originally Posted by Krylo View Post
That and with new housing coming in, and we're going to likely see some more trickling in from demolitions over the next couple months (but not a lot). Doesn't seem a good idea to waste 30mil to get someone to drop a house when if you just wait a few months you can get one for much less.
I don't condone the behavior of buying and selling for profit, but it is not exactly as risky as it seems...worst case you lose 20% of what you paid + housing permit...but you can make all or part of that back using the garden and selling what you grow while waiting for the auto demo to get your 80% back if you can't sell it. It is actually LESS risky than it was prior to 3.1.