Things he mentioned:
Land is paid on tax payer dollars and it is being justified as a grant, developer never paid for land
Developer took the land and passed on the covenants to the buyer. Owners paperwork says they can not rent/air bnb before 10 years, but no where in his documentation does it say you can’t sell/sell for a profit before 10 years (says if he knew, would’ve never purchased the home)
At the time of purchase, to qualify for house as a single individual, can’t be making more than $55,000k. Any new buyer must also fall under the same rules
He’s been there