I'm concerned not only about the Blackrocks, but also smaller investors fueled by cheap cash and wealth fantasies based on flipping and FIRE/4HWW. The depressed

I'm concerned not only about the Blackrocks, but also smaller investors fueled by cheap cash and wealth fantasies based on flipping and FIRE/4HWW. The depressed, small city in northern New York featured in this article (https://www.uticaod.com/in-depth/news/2021/04/07/vaccinations-beating-covid-but-not-ogdensburg-new-york/4819881001/ https://www.uticaod.com/in-depth/news/2021/04/07/vaccination...) has people buying houses sight unseen from other states, which might be a good thing if they intend to live there, create businesses, build up the city's tax base, and invest in the community. However, I am very skeptical any of that will happen based on the many reasons cited in the article. I can't see how this ends well.