re: Apartment Complexes Being Constructed Along Burbank

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Smarter or more greedy

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You don't understand how a small company or partnership of developers who don't give a frick about a community will rush into a hotbed of construction, throw up a neighborhood, apt complex, hotel, collect their return and hit the road?

Very common and profitable when timing is right. The only thing they care about is the timing and not being on the tail end of getting their project finished and occupied.

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They likely aren't local developers. Like the cottages and woodlands, they will be built and then occupied. The developer will then look to sell it at a profit. Rinse and repeat all over the country.

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Wasp Knows whats up. This is exactly it.