1) Negative interest rates exploded prices anything eligible for mortgage. Deduction: must not buy property eligible for traditional mortgage.
2) GC and contractors exploded prices to match weak competition. Deduction: must not have someone else build house.
3) Zoning laws make small homes illegal. Deduction: must find place with weak zoning.
4) Trades licensing, codes, and inspection make DIY impossible while holding regular job. Deduction must find place without inspections or required licensing for owner builder at any point.
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Criteria:
Must buy raw land ineligible for mortgage, must do it in in a place with weak zoning, codes, and inspection and still be near jobs.
The loophole was totally avoiding every competitive expensive pathway and bypassing it by not competing with people fueled by free debt and not being beholden to the zoning and planning cartels. Doing that is a difficult tightrope to walk.
2) GC and contractors exploded prices to match weak competition. Deduction: must not have someone else build house.
3) Zoning laws make small homes illegal. Deduction: must find place with weak zoning.
4) Trades licensing, codes, and inspection make DIY impossible while holding regular job. Deduction must find place without inspections or required licensing for owner builder at any point.
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Criteria:
Must buy raw land ineligible for mortgage, must do it in in a place with weak zoning, codes, and inspection and still be near jobs.
The loophole was totally avoiding every competitive expensive pathway and bypassing it by not competing with people fueled by free debt and not being beholden to the zoning and planning cartels. Doing that is a difficult tightrope to walk.