Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Calgary developer’s caught with pants down

Bunk · 03-07-2013, 11:42 AM

I think there is some angst from homebuilders about the availability of lots to them (across different segments of the market). What I gather is that some believe the issue is the City not supplying enough serviced lots, when in fact it is exceeding its target for serviced vacant land.

It's the land developers that release lots to homebuilders, not the City. There's a small number of very large land developers that build in greenfield Calgary. They select who they sell lots to, and how quickly they release them - and perhaps some of the smaller builders feel they get squeezed out of the picture. For obvious reasons developers don't flood the market with supply as it affects their value.

03-07-2013, 11:42 AM	#328
Bunk Franchise Player Join Date: Jul 2006 Exp:	I think there is some angst from homebuilders about the availability of lots to them (across different segments of the market). What I gather is that some believe the issue is the City not supplying enough serviced lots, when in fact it is exceeding its target for serviced vacant land. It's the land developers that release lots to homebuilders, not the City. There's a small number of very large land developers that build in greenfield Calgary. They select who they sell lots to, and how quickly they release them - and perhaps some of the smaller builders feel they get squeezed out of the picture. For obvious reasons developers don't flood the market with supply as it affects their value. __________________ Trust the snake.