Hey what? They have to build

johnboy 23 March 2007 3

It appears that someone in Simon Corbell’s department has woken up and realised that builders are required to build on the land they buy/lease.

He’s put out a media release announcing that from now on there’s going to be enforcement of this requirement.

One wonders if these 288 breaches of leases have anything to do with developers trying to keep prices up?


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3 Responses to Hey what? They have to build
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tommy tommy 12:02 pm 24 Mar 07

Supposedly they can’t find builders (at a reasonable price) to do the construction.

Which is why the market isn’t going to get “cheaper” just because there’s more blocks.

Sammy Sammy 9:00 pm 23 Mar 07

developers trying to keep prices up

ABC News reported tonight that large parcels of land are being left sitting idle by developers.

Al Al 3:51 pm 23 Mar 07

More to do with can’t get a damn builder I think.
Who wants to pay full rates on empty land???
Money out for nothing in return. I love it – not.
And then there’s the interest…

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