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@ellacas: Brisbane apartment developmenr abandoned … #brisbane #realestate #realestateinvesting #propertydeveloper
Ella Cas • Buyer’s Agent 🏠
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Region: AU
Wednesday 26 April 2023 09:46:11 GMT
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Comments
日朗 :
Count the lucky stars that the deposits were returned.
2023-04-26 09:55:04
260
I might be your dad. :
They'll just change a few colours and re-sell the same plans at a higher price
2023-04-26 13:45:09
101
Gold Coast Queensland :
Sounds to me like the developer realising he could have made a lot more money out of it, intentionally stalled the project 2 buy investors out...
2023-06-06 00:18:55
2
NS :
The poor real estate agents. All the hard work , no commissions. Can’t take it from the deposits. Ouch
2023-04-26 11:41:39
8
Andrew :
The problem is not just the increase in costs and labour but the fact that it is continuing to rise. Fixed costs allow tight margins.
2023-04-26 10:07:23
27
BB 44 :
This tells me they used the deposits to invest for a year, keep the profit and then return their money
2023-04-26 21:34:34
17
ArielsInsights :
Because they don’t feel they make enough profit they ditch it - this is why we have a housing crisis
2023-04-26 20:24:57
6
c.IS.k :
pretty sure it's already a big hole in the ground... surely they can't sit on it for long
2023-04-26 20:47:18
1
suzybond11 :
Australia is lost 😞
2023-06-04 07:53:43
3
spicyspicy01 :
Probably a large portion of that 80% sold went to a holding company of their own to make it seem like they were selling well
2023-04-26 21:09:18
2
Jason :
So... They can get more money now and wanna take advantage of the new market conditions. 😅
2023-04-26 22:49:00
3
Joh :
Returning the deposits isn’t enough, they should compensate for the opportunity cost the buyers have lost
2023-04-26 14:17:26
11
ThingsWithLloyd :
They realised they can resell soon for more, that's all
2023-04-26 20:36:43
4
Victor Pin :
Great analysis👌
2023-04-26 11:27:55
3
FiveTangent :
Meanwhile the Brisbane housing crisis
2023-04-26 10:48:29
3
Dont.call.meme.baby :
lies.. they just want to sell same thing for higher profits
2023-04-26 14:11:58
2
Oianatai Pak :
Drive past it everyday pretty much just a massive hole in the ground now
2023-04-26 23:03:59
2
Ley Adriane Espinosa :
What do you think about BNG Group developing “the rise” in pakenham.
2023-04-26 19:46:01
1
Australia :
is it greedy builder😳😂😂😂s or greedy developers 😂🥰😂😳
2023-04-26 13:47:23
4
GlenXplore :
Gurl how u have the energy to do so many videos I do like two and need a year break 😂
2023-04-26 22:28:15
1
Brisbane Kitchens & Bathrooms :
The be back in a few years to resell at a premium 😏
2023-04-27 10:53:18
1
Marty ☠️ :
I never liked the fluted kitchen design it looked out of date very quickly, hopefully they do something better.
2023-04-27 00:52:10
1
CKP :
This was also going to be a Movenpick hotel
2023-04-26 20:00:51
1
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