Hi Bernard
Have you seen any evidence, anecdotal or otherwise, of developers deciding to land bank until the 3x3 rules come into effect? Also, have any, say 2x2, consent applications been withdrawn from councils so the developers can wait for 3x3. If I were a developer I'd certainly be looking at adding up to a million dollars to that piece of land by waiting till I could put an extra house on it.
Have you seen any evidence, anecdotal or otherwise, of developers deciding to land bank until the 3x3 rules come into effect? Also, have any, say 2x2, consent applications been withdrawn from councils so the developers can wait for 3x3. If I were a developer I'd certainly be looking at adding up to a million dollars to that piece of land by waiting till I could put an extra house on it.
Haven't heard that. But makes perfect sense. They (and home buyers) won't have to wait long though. It's scheduled to be in place by August next year and it's likely to happen because of the bipartisan support.
Hi Bernard
Have you seen any evidence, anecdotal or otherwise, of developers deciding to land bank until the 3x3 rules come into effect? Also, have any, say 2x2, consent applications been withdrawn from councils so the developers can wait for 3x3. If I were a developer I'd certainly be looking at adding up to a million dollars to that piece of land by waiting till I could put an extra house on it.
Haven't heard that. But makes perfect sense. They (and home buyers) won't have to wait long though. It's scheduled to be in place by August next year and it's likely to happen because of the bipartisan support.