Quote:
Originally Posted by Ramrod
you " don't think it applies"?!  No, it isn't factored into the price. Why do they want 20%?.....for the same rason that I want 20% when I develop a property.....anything less than than ,with all the variables involved, there is too much risk for not enough gain. and don't always get it now. There are many variables that can affect the final profit on a build or refurb project. You try to plan for all of them but sometimes something happens and the hoped for 20% is eaten into, sometimes it isn't 
Last thing you want is to not make anything out of it (or even a loss) and if the big developers make a loss on a project it can cost jobs as well.
---------- Post added at 12:38 ---------- Previous post was at 12:32 ----------
But an immigrants need is probably greater than yours. Many come here with nothing and need the house you live in. Surely you can afford a private rent or a mortgage? Setting aside your years of paying into the system, should you really be in a council property when there are many others out there whos need is much greater than yours?
From each according to his ability, to each according to his need? |
The top end of industry standard profit margins is 20% why can't it be at the lower end and why isn't 20% enough, why are they allowed to rise roughshod over the rules to push it up to 25% at the expense of social housing
http://www.theguardian.com/society/2...-axed-councils