this post was submitted on 09 May 2025
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[–] vga@sopuli.xyz -5 points 1 month ago* (last edited 1 month ago) (5 children)

That's not quite true. They add the initial and after-market capital to build and support the houses. They also carry some of the capital risk.

[–] 10001110101@lemm.ee 8 points 1 month ago (4 children)

Developers build houses and neighborhoods all the time without landlords paying them to do so. I'm actually not sure if landlords paying for building is common at all. Though, developers do all kinds of shady and harmful shit too.

[–] lightsblinken@lemmy.world 1 points 1 month ago (3 children)

you think the developers will continue building if nobody gives them money at the end of the build? either through pre- ("give us money and we'll build you a thing") or post- ("come give us money for this thing we built")

why do bakers even charge for the bread they made?!! its just sitting on the shelf doing nothing?!

[–] GoodLuckToFriends 2 points 1 month ago

We don't want developers to continue building in the way they have been. McMansions (the most profitable house for them to build) in car-fucked-surburbia (the most profitable area because all the hidden costs are loaded onto the city in the future) are unsustainable, in the ecological sense, the environmental sense, and in the financial sense, as everyone trying to buy a house now is discovering.

Right now that building model is continuing because corporations wanting to rent are seizing up everything they can. There will be enough folks wanting affordable, sustainable housing, and we get that by building more densely and making cities nice to live in.

So let the current developers die, and a new model come in.

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