From: NotSomeone@Microsoft.Invalid
On 08/09/2025 12:43, Roland Perry wrote:
> In message , at 12:16:57 on Mon, 8 Sep
> 2025, Norman Wells remarked:
>> On 08/09/2025 10:59, Roland Perry wrote:
>>
>>> Near where I live is a green-field site with planning permission for
>>> five or six detached homes. Two previous developers have thrown in
>>> the towel, not having got beyond the foundations (but no roads). At
>>> the latest asking price for the land, nobody could build a house and
>>> make any profit at all. So nobody is.
>>
>> It's the free market in action.€€ It will all balance out when supply
>> matches demand.
>
> In the mean time there's five or six houses which will never get built,
> because the cost of doing so is more than the market price.
If the cost of building homes is indeed €€250 psf, then it's a wonder
that homes are being built in parts of the country where the price of
the existing housing stock is below that figure.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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