Don’t back down from cooling measures


THE chorus from developers seems to be getting louder. Warnings of higher prices and the inability of homebuyers to buy homes have been blamed on rising raw material costs, the upcoming goods and services tax and the prudential measures instituted by the central bank.

The timing of complaints to get the housing market moving again is surely more than coincidental. With less than a month to go until Budget 2015 is tabled in parliament, the grouses of developers are akin to lobbying the Government to make changes to previous measures.

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Business , making a point , housing , budget , measures.

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