your not understanding. insurance has to be paid by the owners,...

  1. 672 Posts.
    lightbulb Created with Sketch. 27
    your not understanding. insurance has to be paid by the owners, passed on by the builder. therefore the cost of building goes up. furthermore this issue is not about builders going into liquidation, its builders moving money around from job to job, being paid lump sums at the start of the project and never having anything left for completion.

    homes sit there for months, builders still trade insolvent for years and the owners get screwed

    Pintohoo, you need to educate yourself, you idea sucks.

    solution as above, builders get paid a cost plus arrangement, simple as that.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.