[FirstFlaBn]

The housing didn’t just appear. It just didn’t have a definite value until sold. As with all things of value, the housing was created through human effort. The tree that became the lumber to frame the house had no current value until human effort turned it into lumber.

[muawiyah]

The cabins (in this case) had no value at all until someone mortgaged one of them. All at once the community with no value totally isolated from the rest of the world and otherwise inaccessible was worth 100 cabins TIMES $10,000 ~ or $1,000,000 ~ which is exactly equal to the cash in their pockets.

They can now go out and find another community somewhere else and buy electric radios, dish washers and maybe even those combo plastic back scratcher shoe horns!

The Schmoos can take a break for a few days. Their banker can also lean back in his executive chair and luxuriate in his new reputation as a RICH BANKER.