The stream bed in question is small/ephermeral, and the properties haven't flood in 12 years, even when the local area has seen some massive flooding in the last decade.  

Also a massive movie studio is relocating there.

once their wraps stopped paying which is going to happen since this is simply sub prime lending.. it just snowballed to the point they lost the entire portfolio.. u need massive cash reserves if your going to do this..

During the permitting process, the PM lost the plans, misprinted the plans – causing massive delays.

So many massive events recently

The economy was "front loaded" first from '08' GFC inducing a massive clearing of "dead wood".

Doing the renovation on our primary in Troy was a massive undertaking.

Fiscal self defense. 

Well then 07 happened and all of a sudden these rentals that they paid 80 to 140k for dropped in value massively we all know the melt down in Detroit..

It was difficult to remodel and I had a massive amount of sweat equity.