We’re not all millionaires and making money in property is bloody hard work I have just seen this post To me, it shows that development is getting harder Build costs are up GDV’s not increasing at the same rate (or at all) Finance costs are up Warranty costs are up There’s only one thing that can change and that’s land value To make developments viable, the cost of land must drop It’s a shame to say this But when I speak with landowners they expect their land to be worth more now than it was a few a years ago In reality it’s the opposite What do you think of the state of play in the world of property development? Is it managed decline so the Government can keep tabs on a few big players and let the SMEs disappear?
Posted by Sam Bastow at 2025-11-11 10:46:18 UTC