EP. 1730 - THE IMPOSSIBLE BUILD (3x from 2019) GREEDY DEVELOPER???

🏗️ WHY AREN’T MORE APARTMENTS BEING BUILT? The issue isn’t necessarily a lack of developers ready to build — it’s whether the numbers actually stack up. ✔️ Construction costs have risen significantly ✔️ Land, compliance and taxes add further costs ✔️ Developers still need a viable margin ✔️ A mix of 1, 2 & 3 bedroom apartments may be required ✔️ In some areas, the end sale price simply doesn’t cover the total cost The result? Developers with the money, experience and capacity to build may...