James Barton
Rising interest rates could break the land market's bottleneck
With landowners no longer able to hold on to land indefinitely, rising interest rates will create opportunity for buyers
Expert Reaction: Uncertainty in the market? Nothing that a dose of realism and innovation won’t solve
Landowners' unrealistic pricing expectations have prohibited quality development sites from coming forward
- Landowners do not feel pressured to sell and many are sitting on sites while they wait out the ongoing period of uncertainty.