Wednesday, Jul 05, 2006

Are developers becoming desperate?

Independent Online: Why developers' gifts may not be all they seem

The atmosphere of pessimism in the property market is now so pervasive that developers are offering guarantees to investors that they will not lose money.

Posted by uncle chris @ 04:27 PM (588 views)
Add Comment
Report Article

1 Comment

1. Miniftse said...

"Show Home and Income Plan" - very interesting, the developer chooses to sell the show home at the start of the development plan and be hit with a 7.5% annual loss on the property until the development is sold? Why don't they want to hold onto the showroom till the end of the development, when its value will (as everyone knows) gone up atleast 10% per year? Humm...HPC?!

Thursday, July 6, 2006 09:31AM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies