The reality is the land has value.good luck

The borrowers think they're getting a loan when in reality they're funding investor games in the secondary market.

The reality is most financially independent people went through a decade + of working 60-80 hours a week.

Now reality.. unless your using funds from a super successful business.. most most starting out are not sitting on piles of cash or have family offices.. so debt is the only way to get in the game.Also short term debt were your in and out can work.. but it also can bite you in the butt.. look at all the builders that went down in the crash.

I kinda get it if 4 and 5 bedroom properties are going for 1.5 million in that market but... thats just math wondering what reality is?

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality of real estate is just much more difficult and nuanced than it seems on a spreadsheet. 

The reality now is govmit in my mind is going to be highly pressured to allow folks to rebuild on their LOT they OWN..

So in reality you are ALWAYS gambling in the stock market, yes, even with those big names that seem inconceivable to every drop and ESPECIALLY with those because most are so shocked and in disbelief when it occurs that it's only realized after your left with pennies on the dollar because you waited out a recovery that was never coming. 3rd: MATH and leverage.     

The reality is the land has value.