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Yet, in any major city like Sydney - developers "want to be developing properties as quickly as they can" and yet will leave the property vacant rather than sel
by bradlys 3y ago
Yet, in any major city like Sydney - developers "want to be developing properties as quickly as they can" and yet will leave the property vacant rather than sell it. https://www.youtube.com/watch?v=lJE3B_ra3lY https://www.youtube.com/watch?v=lJE3B_ra3lY
Why does any solution in your mind involve capitalists getting more money?
- ch4s3 3y agoI’m no expert on Australia so I won’t comment. But I’m the US there is demand for housing, available financing, and developers who want to do projects. The blocker here is regulatory. We simply see in the US that when cities allow more housing to be built prices stabilize and sometimes go down.