Writing · Real Estate (general)
Silverstone’s woes highlight some dishonest developers’ playbook: cut corners, inflate metrics, and pray the buyer doesn’t dig too deep. The Fed’s rate hikes squeezed everyone, and artificially inflating occupancy was likely a desperate ploy. Yet, when tubs collapse, and mold creeps in, desperation becomes recklessness. For buyers: trust, but verify—twice. For developers: maybe fewer shortcuts and more structural supports, literally and figuratively.
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