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> If you dump 100 new houses onto a small town you will cause a crash. This has never happened once... There are plenty of developments built bigger than that
by bcjdjsndon 3mo ago
> If you dump 100 new houses onto a small town you will cause a crash.
This has never happened once... There are plenty of developments built bigger than that that do t cause a crash
- sjducb 3mo agoThat’s because big developers drip feed the houses onto the market…
- bcjdjsndon 3mo agoWhy would you begin building if prices are falling? Why would you see that it requires drip feeding because you're so close to losing money, and go ahead with the £100m+ project? Besides that, they sell plots before they're even built so why are they drip feeding in those cases? You'd be racing to get it built before materials cost rise even more