It hath likewise been a maxim among politicians, “That the great increase of buildings in the metropolis, argues a flourishing state.”  But this, I confess, hath been controlled from the example of London; where, by the long and annual parliamentary session, such a number of senators, with their families, friends, adherents, and expectants, draw such prodigious numbers to that city, that the old hospitable custom of lords and gentlemen living in their ancient seats among their tenants, is almost lost in England; is laughed out of doors; insomuch that, in the middle of summer, a legal House of Lords and Commons might be brought in a few hours to London, from their country villas within twelve miles round.

The case in Ireland is yet somewhat worse:  For the absentees of great estates, who, if they lived at home, would have many rich retainers in their neighbourhoods, have learned to rack their lands, and shorten their leases, as much as any residing squire; and the few remaining of these latter, having some vain hope of employments for themselves, or their children, and discouraged by the beggarliness and thievery of their own miserable farmers and cottagers, or seduced by the vanity of their wives, on pretence of their children’s education (whereof the fruits are so apparent,) together with that most wonderful, and yet more unaccountable zeal, for a seat in their assembly, though at some years’ purchase of their whole estates:  these, and some other motives better let pass, have drawn such a concourse to this beggarly city, that the dealers of the several branches of building have found out all the commodious and inviting places for erecting new houses; while fifteen hundred of the old ones, which is a seventh part of the whole city, are said to be left uninhabited, and falling to ruin.  Their method is the same with that which was first introduced by Dr. Barebone at London, who died a bankrupt.[42] The mason, the bricklayer, the carpenter, the slater, and the glazier, take a lot of ground, club to build one or more houses, unite their credit, their stock, and their money; and when their work is finished, sell it to the best advantage they can.  But, as it often happens, and more every day, that their fund will not answer half their design, they are forced to undersell it at the first story, and are all reduced to beggary.  Insomuch, that I know a certain fanatic brewer, who is reported to have some hundreds of houses in this town, is said to have purchased the greater part of them at half value from ruined undertakers; hath intelligence of all new houses where the finishing is at a stand, takes advantage of the builder’s distress, and, by the advantage of ready money, gets fifty per cent. at least for his bargain.