This guy just does not get it, he has been told over & over its risky and a challenge, and count on any couple dozens of reasons something goes sideways and destroying your plans. 

First few lots toward an entrance may be sold at cost, sometimes less to generate activity in the subdivision.The HOA, gosh I'd destroy that if possible, I dislike HOAs, but in some areas it is a plus.

I disagree, this will spill into the RE market and will destroy the commercial real estate market.

Between stamp duty and capital gains tax here in Australia it destroys property liquidity and that makes it actually harder for people to get into the housing market - be they young (first home), upsizing (growing families) or down sizing (elderly).You need to not impede volume and liquidity, we’re living the other side.

https://www.whio.com/news/loca...There is another article in which it mentions about the abandoned homes will be destroyed and land will be sold to investors or some will be turn in to parks.

The forums are actually full of posts, if you look for them, from investors in high cost markets who bought a random property in the midwest and then discovered it needed tens of thousands of dollars in capex, destroying the cash flow for years. 

You know, you marry the wrong person and it just destroys you." 

My biggest concern is buying a property that loses value after I purchase it and tenants that are inconsistent, that destroy the units, or that are litigious.

In highly leveraged deals this could destroy the liquidity of the deal. 

What if they literally destroy the place?