From: roland@perry.uk 
  
 In message , at 12:23:40 on Mon, 8 Sep 
 2025, Norman Wells  remarked: 
 >On 08/09/2025 10:56, Roland Perry wrote: 
 >> In message , at 09:55:56 on Mon, 8 
 >>Sep  2025, JNugent  remarked: 
 >>> On 08/09/2025 08:03 AM, Roland Perry wrote: 
 > 
 >>>> More anecdata: there's a house in my GF's street which has been on the 
 >>>> market since at least the New Year, and my neighbour's house has been 
 >>>> since Easter. A empty bungalow round the corner has been on the market 
 >>>> for about a year, and another near-neighbour's house has only been 
 >>>> occupied the last few weeks, when the old lady vacated it to a care home 
 >>>> before the pandemic. Could have been probate issues though. My GF's late 
 >>>> mother's flat sold as recently as last week, but was marketed in 
 >>>> December, and there are several other flats in the block which have been 
 >>>> unsold that whole time. 
 >>> 
 >>> Unrealistic pricing and a refusal to meet potential buyers half-way? 
 >>  Typically a developer is looking for about a 20% net margin, and are 
 >>reluctant to sell at a discount because they believe (possibly 
 >>wrongly)  that the market will recover and they can eventually sell 
 >>the houses. 
 > 
 >That's their gamble.  If it does, they win.  If it doesn't they lose. 
 > 
 >But it's an expensive business sitting on substantial physical assets 
 >for extended periods with no return on investment.  It tends to mess up 
 >your cash flow. 
 > 
 >Again, it's simply a matter of supply and demand.  If available supply 
 >exceeds demand, prices have to fall. 
  
 But not below "cost price", although you are LALA I CAN'T HEAR YOU about 
 that. 
 -- 
 Roland Perry 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2)