Housing Bubble: More abandoned house construction and home renovations in real estate MLS listings
Abandoned house construction and home renovation
Perhaps as another symptom of the bursting real estate housing bubble, I have noticed more MLS ads where realtors cheerily advertise for you to "finish as you want," not mentioning the implication that some poor soul or unskilled "house flipper" ran out of money and walked away.
This is a clear lesson to avoid over-extending yourself, anticipate cost overruns, and keep rainy day funds.
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