I agree with ken, I heard a lot of talk about these clauses, but I've never spoken to anyone that actually had the clauses exercised on them, especially from an established reputable builder. I only know of one company that went through that to a great degree (can't remember the name, Jager's premiere builder), and that was because they were basically forced to do it or go under due to really bad processes on their part, not because they were "trying to maximize profit".
People take risks to make a business barely make ends meet in the bad times and no one offers to help if they go under. Then times get good and if they try to make some money then they're greedy. Times go bad again and they're expected to help out the people who called them greedy.
During the times when rents were flat and costs were going up and up, I didn't see anyone offering to pay me more rent.
And really what good reason is there to ask for a price reduction?
If you bought it to move into it, you bought it based on your income and debt servicing, so there's no reason to ask for a price reduction. If you lost your job and can't take it, you can't pay for it anyway so there's no reason to ask for a price reduction. If you bought it to rent or sell, then you are running a business and that's part of the risk, so there's no reason to ask for a price reduction.
Other than "I made a bad choice and want someone else to take the responsibility for it", what's a good reason to ask for a price reduction? Honestly, I can't think of one.
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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