They know that the current government planning regulations mean that getting anything built is extremely difficult. They know that due to supply and demand that this makes property a wise investment. Blame planning regulations. I read recently that Japan and new Zealand scrapped various regulations and this led to stabilization / lower of property prices.
Near me, someone is sticking up protest letters at bus stops complaining a developer wants to build flats. For heaven's sake, people need to live somewhere, please do build.
Near me, someone is sticking up protest letters at bus stops complaining a developer wants to build flats. For heaven's sake, people need to live somewhere, please do build.