Re:Amsterdam's Plan: If You Buy a Newly Built House, You Can...
by barry-cotter on Thursday March 21, 2019 @08:40AM
(#19451602)
Not necessarily true. If the rate of return is changed some people who would have invested their money this will not. Properties might come to the market later because it’s not worth it to pay the premium to have workers come in on Saturday for example. Developers will be less willing to pay extra for legal services to get through the planning process faster. I’m sure there are other similar effects I’m missing as an outsider to property development.
If the demand for houses from people who want to buy them to live in is greater than the supply of houses, nothing. The houses will still be built and sold, just to different people.