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Old May 15, 2008 | 05:26 PM
  #54  
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15D
Italian convert
 
Joined: Oct 2007
Posts: 401
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From: Chesterfield
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Originally Posted by Shings
I was gonna say that yesterday, quite widely known fact 100% in the trade. They've written down their forecasts, stop aquisitions and start dates....

Not a good sign at all... and a big problem which ever way you look at it as the Gov't has set out targets of new homes to hit.
The big players have put many sites on hiatus to such an extent that in certain areas local(ish) to me there are no new builds available.
I have, regretably, had to lay men off for the first time ever as certain projects are just not viable (appts, flats and low cost housing) in the present pessimistic climate. The Govt want affordable new build housing
but have created a situation where there is no incentive (bottomline) for the trade to build them.
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