When development was booming a few years ago, interest rates were low, population growth was high, and so was market interest, he said. Since then, interest rates have risen and population growth has slowed, which has caused prices to fall dramatically.
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If the success of your development hinges on your land value going up, you aren’t a developer you’re a land speculator.
Just another example of why we need Land Value taxes.
The world tiniest violi-- oh wait, it’s not even there.
damn, your awards show said “YOU ALL SUCK THIS YEAR GO HOME!”
Housing like everything else essential should be provided by the government at the lowest possible cost. Nobody should be making a profit from essentials.
