| Topic: | Re:Re:Re:Re:Waterman's Park : an idea. | |
| Posted by: | Simon Hayes | |
| Date/Time: | 14/08/25 12:01:00 |
| Eric, the market for flat sales has pretty much collapsed. Costs of construction are up, the value of what’s built is down, so profits aren’t there for developers any longer. It doesn’t take much effort to see the absence of meaningful construction going on in Brentford, Ealing and elsewhere. And without a massive surge in property values for new flats the Watermans project will continue at snails pace. Eventually they will hope we’ve all forgotten about the old theatre and arts centre and might accept that no replacement will arise…. |