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Builder != Developer. The builder is a service provider and definitely doesn't finance construction.
by bragr 4y ago
Builder != Developer. The builder is a service provider and definitely doesn't finance construction.
- CogitoCogito 4y ago> Builder != Developer. The builder is a service provider and definitely doesn't finance construction. What in my post doesn’t apply for developers exactly? They finance construction if they expect to profit. They can profit even if the final product later doesn’t increase in value. In fact, why would they see that profit anyway? Any increase in value would end up in the final owner’s pocket not the developer.