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Originally posted by Porsche-O-Phile
The day we see the first unscrupulous residential real estate flipper bummin' for change down on the Santa Monica Prominade will be a good day for the rest of us.
I'm just waiting to hear of the first serious failure of a residence in which someone gets injured or killed due to "el cheapo" construction practices - I know there have to be literally millions of "time bombs" out there with problems just waiting to happen due to faulty framing, wiring, poor concrete mix, or any one of a zillion potential problems. This kind of crap is promulgated by EXACTLY these types of "flippers" and executed by one or more of the thousands of fly-by-night contractors eager to do the work. It's a real problem. Inspectors are overworked and a LOT of stuff gets pulled over on them.
I'm actually checking into what it takes to get on a couple of lawyers' lists as an expert witness, 'cause I'm banking on there being a CRAPLOAD of poor-construction-related lawsuits in the coming years directly related to the "flip it" mentality that's been such a part of the RE market lately. . .
If the big 8.0 earthquake hit tomorrow, I'd feel about 1000x safer in a 30-year-old highrise than I would in a five-year-old two-story home. I see some downright scary stuff driving around at various residential sites. . .
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100% agreed. Also applies to the many misguided DIY homeowners, that think Lowes can provide them proper advice to build their own garage or tile their kitchen. Similar care seems to go into many cheaper new homes, I'll be interested to see what they look like in 30 years. When we buy again, I won't look at anything newer than '70 or so, the build quality is so much better.
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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