{"id":6506,"date":"2016-03-02T04:00:00","date_gmt":"2016-03-01T21:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-restricting-supply-of-new-home-to-boost-profits\/"},"modified":"2016-03-02T04:06:58","modified_gmt":"2016-03-01T21:06:58","slug":"developers-restricting-supply-of-new-home-to-boost-profits","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-restricting-supply-of-new-home-to-boost-profits\/","title":{"rendered":"Developers 'restricting supply of new home to boost profits'"},"content":{"rendered":"


\nLocal government select committee chair criticises firms for \u2018building at a rate to maximise their profits rather than address the country\u2019s housing need\u2019Britain\u2019s developers have been accused of increasing their profits from the UK\u2019s housing crisis by restricting the supply of new houses to keep prices artificially high.Latest figures reveal that nearly record half a million homes in England now have planning permission granted but have yet to be built. The length of time it takes for developers to complete a house has jumped from 24 months to 32.It reignites a long-running row between policymakers and the house building sector over who is to blame for the current housing shortage. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Developers ‘restricting supply of new home to boost profits’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Local government select committee chair criticises firms for \u2018building at a rate to maximise their...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-6506","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1GW","jetpack-related-posts":[{"id":100082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-borough-to-force-developers-to-reveal-profits\/","url_meta":{"origin":6506,"position":0},"title":"London borough to force developers to reveal profits","date":"October 18, 2018","format":false,"excerpt":"\r Move to boost social housing in one of capital\u2019s wealthiest areas\r \r Source : ft.com\r Read more...London borough to force developers to reveal profits","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/to-fix-britains-housing-mess-think-outside-the-box-letters\/","url_meta":{"origin":6506,"position":1},"title":"To fix Britain\u2019s housing mess, think outside the box | Letters","date":"February 11, 2021","format":false,"excerpt":"\r John Worrall on the fundamental shift needed in home ownership philosophy, Barry Jones on community-led housing groups and Duncan Roberts on challenging conventional home ownershipI\u2019m surprised to see Larry Elliott (How to turn the UK\u2019s \u2018generation rent\u2019 into \u2018generation buy\u2019, 7 February) pointing to \u201ctough green belt regulations\u201d and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83267,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-report-strong-profits-but-credit-curbs-could-spell-trouble\/","url_meta":{"origin":6506,"position":2},"title":"Chinese developers report strong profits but credit curbs could spell trouble","date":"March 21, 2018","format":false,"excerpt":"\r Mainland property developers have posted strong earnings for 2017, but liquidity remains a concern as Beijing keeps a tight lid on financing to cool the housing market.\u00a0 All four Chinese developers listed in Hong Kong that released their annual results on Tuesday reported strong growth in revenue and profits\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126906,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-says-john-lees-pledge-to-speed-up-housing-and-land-supply-will-benefit-homebuyers-the-government-and-developers\/","url_meta":{"origin":6506,"position":3},"title":"Henderson Land says John Lee\u2019s pledge to speed up housing and land supply will benefit homebuyers, the government and developers","date":"June 1, 2022","format":false,"excerpt":"\r \u201cWe agree that Hong Kong should boost the supply of land in both quantity and quality, as mentioned by chief executive-elect John Lee,\u201d Martin Lee Ka-shing, Henderson Land\u2019s co-chairman and Lee Shau-kee\u2019s younger son, said at an annual general meeting held on Wednesday.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-backed-developers-coli-poly-property-book-smaller-profits-as-three-red-lines-stokes-worst-rout-in-home-sales-since-1998\/","url_meta":{"origin":6506,"position":4},"title":"Chinese state-backed developers COLI, Poly Property book smaller profits as \u2018three red lines\u2019 stokes worst rout in home sales since 1998","date":"August 24, 2022","format":false,"excerpt":"\r Covid-19 lockdowns, \u2018three red lines\u2019 policy and other economic challenges contributed to weaker profits amid the housing industry\u2019s worst slump since 1998.\r \r Source : South China Morning Post\r Read more...Chinese state-backed developers COLI, Poly Property book smaller profits as \u2018three red lines\u2019 stokes worst rout in home sales\u2026","rel":"","context":"In "Property 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