At least those shacks didn’t ‘cost’ a $million so the developer’s REIT could show 12% returns on quickly degrading crap. At least they have to meet some modern

At least those shacks didn’t ‘cost’ a $million so the developer’s REIT could show 12% returns on quickly degrading crap. At least they have to meet some modern codes, but that doesn’t mean they won’t fall apart, leak and mold, or burn quickly.