So what do we do about the housing crisis then? Or would you argue there isn't one?
London is very different, but in Derbyshire where I now live they really struggle to sell new builds at full price. Most end up sold at 10 - 30% off, and then sold on again 3 years for slightly less than the buyer paid. It seems to take around 5 years for them to come back to the value they were originally marketed for.
So what do we do about the housing crisis then? Or would you argue there isn't one?
London is very different, but in Derbyshire where I now live they really struggle to sell new builds at full price. Most end up sold at 10 - 30% off, and then sold on again 3 years for slightly less than the buyer paid. It seems to take around 5 years for them to come back to the value they were originally marketed for.