Lol, at the houses for $300k. In my hood, tear downs are selling for $700k and getting snapped up in all cash offers.
Was in Vancouver a few weeks back: 700sq ft studio in a triplex going at $1,000sq/ft.
The other concern about shrinking is that the fabric won't shrink in just one spot, right? It's like the people who just do situps all day and wonder why they don't have abs. Seems risky to try and shrink just for the length.