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The Pinnacles is just one of a large number of new-build developments that has been hit by repossessions. The bursting of the mortgage. the shortage of affordable properties in the south-east. The.
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The four ‘L’s of new home construction are each suffering a supply problem, and with that comes added costs. Let’s break it down! Lots – There is a shortage of land near metros at an affordable price, causing builders to move farther and farther away from cities to keep costs down.
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