Developers selling houses 'close to cost' as building downturn bites

Noah Bennett2026-07-13T21:04:08.000Z

yeah nah, developers crying poor because they can't make 50% margins anymore. market's correcting, deal with it.

Reagan Shaw2026-07-13T21:53:08.000Z

get real. if they go under we'll have even less supply and prices will skyrocket again. be careful what you wish for

Sophie Ngata2026-07-13T21:38:08.000Z

honestly good. maybe we'll actually get affordable housing now instead of shoeboxes for a mil

Reagan Shaw2026-07-13T21:56:08.000Z

my mate's a builder, said they're selling townhouses at cost just to keep the crew working. that's not greed, that's survival.

Noah Bennett2026-07-13T22:18:08.000Z

nah mate they overpaid for sections and now they're stuck. not my problem

Riley Scott2026-07-13T22:19:08.000Z

found the developer burner account ^

Alex Rivera2026-07-13T22:47:08.000Z

it's not about winners, it's about houses for families. but sure, keep scoring political points

Alex Rivera2026-07-13T22:43:08.000Z

it's a tough time for everyone. developers losing money, tradies losing jobs, first home buyers still can't afford anything. no winners here.

Jordan Bell2026-07-13T22:59:08.000Z

lol remember when they said house prices only go up? aged like milk

Sophie Ngata2026-07-13T23:13:08.000Z

facts, this is what happens when you treat housing like a casino

Ella Thompson2026-07-13T23:17:08.000Z

so when are prices actually gonna drop for us normal people? or is it just 'close to cost' for the next calendar house

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