4 ms·
if a house is such a good investment why arent these investors building more to mint millions ezpz?
by omeze 3y ago
if a house is such a good investment why arent these investors building more to mint millions ezpz?
- adammarples 3y agoDiluting their own market
- Schiendelman 3y agoTo follow your line of thought would require massive collusion between every investor to agree on how much each person builds to avoid dilution. That is so complex as to be functionally impossible. The far easier explanation is the one in the article.
- adammarples 3y agoThere isn't really collusion, all the developers know which side their bread is buttered on. All the major developers in the UK are the biggest Conservative party donors and they run on restricted development, nimbyism, and keeping house prices high no matter what.