stockland ceo blasts extravagant homes, page-11

  1. blowy
    613 Posts.
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    17/03/10
    21:39
    Post #: 6463500
    spot on molonski

    Higher denisty = higher developer profit.

    1000m2 one house, 700-900k
    4 x 250m2 blocks with a shoe box each. 300k eack = $1.2million.

    I'd buy stockland shares if affordable housing is going to take off
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