Homebuilding giant Lennar has a large stockpile of houses it can’t sell at current asking prices. Instead of lowering home prices for the public, the company has launched an e-marketplace catering to wealthy investors and corporate landlords.
Lennar also makes shit houses that have many code violations and anyone buying should have it pass a super thorough inspection
Just to add to your comment; get a three phase inspection. Inspect the foundation before the walls go up, inspect right before the drywall goes up, and inspect after the drywall goes up before you start signing paperwork. If you wait to inspect after the drywall is up, you can miss a lot.
In a down market, shift your focus towards a group that’s even more financially literate than the general public. Nice strategy.
The strategy is to go to those people who can hold assets without needing short term cashflow.