hi rockster
answer is still sand weg just the cashed up are buying well under cost and moth balling I have one on my desk at the moment thats a moth ball until we can get funding for them.
its 43 cashed up investors that pooled and bought the site cash and about 50% of original cost da cc...
hi rockstar
I have a very simple answer to that
a developer has three sites
one he/she is working on say 60% complete
1 thats just about to start usually has da and cc done
and 1 in council to get da
now the first is stopped or slowed down
the second is moth balled and cap the interest...
hi all
a recovery requires three things and without them I have no idea how you can look at a recovery
1. a developer( sound silly but true you need a developer taht want to develop in this market I dont see alot)
2. a funder to fund the development(again sound funny well its not st george...
