Quote Originally Posted by jon1959 View Post
No it isn't. Or at least, no it wasn't a few years ago.

The investment scams around land banking were fairly minor in scale, some described here:

https://en.wikipedia.org/wiki/Land_banking

What I was talking about were housing developers who slow timed on developments because they were waiting for prices to rise or for local authorities to drop planning requirements in frustration at the lack of progress. I know it happened. I was working with a batch of house builders as part of my job (Decent Homes programme and new build feasibility schemes) who were doing exactly that. My direct experience was from 2006-14
Perhaps during the crash of 2007 where it wasn’t feasible to build but now the large scale developers are now building to capacity and it’s only labour and material shortages holding them back and it’s been like that for years.