I’m waiting for the upcoming apartment sell off by funds who’s margins are wanked
[deleted]
A lot of these “Private Rental Sector” apartments in non prime areas actually end up going to social housing via Approved Housing Bodies and HAP and long term leases…
This is a sign builders think that well is drying up…..not because of demand, but gov funding going down
What offends me most about this is that the land costs so much. There are still fortunes been made by buying, holding and selling land. The government should and could step in to make profiteering on land sale impossible and thus dramatically reduce the cost of development.
This was essentially what the Kenny Report was driving at.
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I’m waiting for the upcoming apartment sell off by funds who’s margins are wanked
[deleted]
A lot of these “Private Rental Sector” apartments in non prime areas actually end up going to social housing via Approved Housing Bodies and HAP and long term leases…
This is a sign builders think that well is drying up…..not because of demand, but gov funding going down
What offends me most about this is that the land costs so much. There are still fortunes been made by buying, holding and selling land. The government should and could step in to make profiteering on land sale impossible and thus dramatically reduce the cost of development.
This was essentially what the Kenny Report was driving at.