Good, I’m for one glad these multi thousand/million pound companies are on their way out. They have ruined our environment with designs that just about meet minimum standards with low quality (but looks ok) post modernist/modernist designs. The same design principles for over 100 years! We have better design principal that should be implemented. That would actually improve the environment, people’s health, lower crime rates, increase biodiversity, and more. We must make architect a protected role. And drastically change our approach in providing more housing. This gives us that opportunity to make the changes we need so much as a society.
Most major house builders are awful for quality and aftercare, so it’s easy to see why people will say this is a good thing.
But at the end of the day it’s the everyday day folk that will suffer losing jobs, invoices for services and goods not being paid etc
Not surprising at all. Margins are tiny on some sites especially popular locations where land prices are crazy. I know several developers who have started to focus a lot more of their business to just buying sites, getting planning and then selling on. Much smaller risk.
If you bought a site a while ago based on either or both of A – building for a certain cost expected even 6 months ago, or B – selling for a certain price from even a few months ago; you’re going to be in for a world of pain.
Construction sector failures usually herald the next downturn.
Probably due to this massive housing surplus we have. We can hardly move about the place without tripping over spare houses no one wants. Just the day before yesterday a chap stopped me in the street and straight up asked me to take a house off his hands as he simply couldn’t find anyone to live in it and didn’t want to pay the upkeep.
Told him I couldn’t help, as I already have two I can’t use myself.
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Good, I’m for one glad these multi thousand/million pound companies are on their way out. They have ruined our environment with designs that just about meet minimum standards with low quality (but looks ok) post modernist/modernist designs. The same design principles for over 100 years! We have better design principal that should be implemented. That would actually improve the environment, people’s health, lower crime rates, increase biodiversity, and more. We must make architect a protected role. And drastically change our approach in providing more housing. This gives us that opportunity to make the changes we need so much as a society.
Most major house builders are awful for quality and aftercare, so it’s easy to see why people will say this is a good thing.
But at the end of the day it’s the everyday day folk that will suffer losing jobs, invoices for services and goods not being paid etc
Not surprising at all. Margins are tiny on some sites especially popular locations where land prices are crazy. I know several developers who have started to focus a lot more of their business to just buying sites, getting planning and then selling on. Much smaller risk.
If you bought a site a while ago based on either or both of A – building for a certain cost expected even 6 months ago, or B – selling for a certain price from even a few months ago; you’re going to be in for a world of pain.
Construction sector failures usually herald the next downturn.
Probably due to this massive housing surplus we have. We can hardly move about the place without tripping over spare houses no one wants. Just the day before yesterday a chap stopped me in the street and straight up asked me to take a house off his hands as he simply couldn’t find anyone to live in it and didn’t want to pay the upkeep.
Told him I couldn’t help, as I already have two I can’t use myself.