Re:Amsterdam's Plan: If You Buy a Newly Built House, You Can...
by purple_ducks on Thursday March 21, 2019 @11:17AM
(#19453310)
???
Developers (who hire builders) go to market for finance - they don't have the funds lying around.
Those financiers want a quickish (< 3/5 yrs) return, not a long term investment(20+ years).
It would eliminate the need for a middleman who is often borrowing money to fund the purchase himself, adding further inefficiencies to an already inefficient business model.
The prospect of builders becoming long-term landlords may also incentivize them to build a house that will last the course of the tenancy?