The sale of triple-decker homes is apparently soaring.
Some don’t like the trend, saying “speculators” are snapping them up for investments and not pouring enough money into them for improvements. That’s probably true.
But isn’t it good that at least someone is buying them? The alternative is abandoned properties. The fact that speculators are speculating again is also a sign of a housing recovery. Previous recoveries were often led by people buying up multi-family double- and triple-deckers.