re: Spinoff: is there a shittier profession than real estate developers?

quote:

---

is there a shittier profession than real estate developers

---

Plaintiff Attorneys.....the end

quote:

---

They overbuild, usually with substandard materials, then walk away, often declaring bankruptcy to get out of their obligations.

---

You forgot to mention that they'll take the cheap way out and clear cut a tract to leave it to mother nature to create some terrible erosion.

I personally think it is one of the best jobs to have. I have enjoyed developing property. We focus on more high end acreage lots where we can keep the lots as natural as possible. The money is good. Keeps builders happy. Family's enjoy the sense of pride in their developments.

Logistics/delivery companies....a bunch of them change names every few years to avoid being sued.

Well the good ones Are multi millionaires and billionaires so there's that.

the developers in miami are awesome supposedly by the end of next year when all the new condos downtown, where nobody wants to live bc its not the beach, when all those condos are done we will have 57 years of inventory at current market rates....o and the buildings just finishing now are being panic sold by south american investors for less than they paid, and way less with fees factored in.

They invested but south american economies have tanked recently and now they're puking up assets. Miami is going to have a wild next 5 years in the crashing condo market thanks to these developers seizing the day with cheap money the last few years selling to wealthy south americans,russians,etc whose currencies have been decimated by our rising dollar.

They do get paid however.

Definitely lawyers, and Real Estate Mortgage Consultants.

frick those people for holding APR, they're the real thieves for taking advantage of people they know are going to default.

quote:

---

You forgot to mention that they'll take the cheap way out and clear cut a tract to leave it to mother nature to create some terrible erosion.

---

This. Clear cut an entire mountainside and go bankrupt because they overextended themselves like dumbasses. Hold lots off market to escape finishing paving, etc. They are fricking human garbage.

Attorneys