Quote Originally Posted by Feedback View Post
Developers don't land bank. It would tie up too much cash to do so. Developers want to develop but also have to develop with the intention of turning a profit.
And if they could turn a bigger profit by sitting on the sites, that is what they did.

If you are so insistent that land banking never happened tell me what Henry Boot, Keepmoat and Kier were doing with their development sites in South Yorkshire in the period I described. I was working with them, talking to them, talking to the planning and development officers in the council, reading the reports and even visited a few sites.

No doubt you know better - so just give me the headlines on the real story.