Let's say you looking to buy a FLAT
You looked at many FLATS of diffrent builders , then liked a particular flat because of the location & certain amenities & Price was attractive too.

You bought it & you were very happy about it. Thinking you can sell it off in a few years after price appreciates.

Years later you came to know that the Builder used some not so good construction materials & now everyone knows.

You tried to sell the flat, but now price is 50%

You hold thinking, people will forget about these issues
Dosen't happen, the price of flat depreciates further.

Now, the building starts to crumble & it becomes a danger to even live there. Finally the govt intervenes because now it's a serious health hazard.

It asks it's own housing authority to intervene & patch up the deficiencies. It tries hard, but there only so much it can do.

However, now owners who vacated start to come back thinking it's safe. However, still many don't come back, though value of the flat goes up a bit.

Now the question is say you could not buy the flat then when it was at its peak, would you now buy it now knowing of all these issues?