Flats developer says promised payments to council now ‘unaffordable’
https://www.kentonline.co.uk/canterbury/news/flats-developer-says-promised-payments-to-council-now-unaff-313236/Open linkView original on feddit.ukSyndicated from the fediverse. Read and engage on the original instance.
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11 replies
Then you get all your property seized to make up for it. Simple as that.
I tend to agree, they even still own them
Fuck these developers.
oh no, property developers can't afford to bribe the council? oh nooo oh noooo I feel so bad, think about all the predatory landlords that are missing out on somebody else's income oh nooooo
I see you didn't read the article. The landlords have gotten their buildings, it's the local community that's getting screwed since those funds were earmarked for local improvements.
...am I missing something or is this straight up bribery?
No, the money isn't for the council members it's "to provide facilities to a community following a development in the area." Developments that are needed as a consequence of the new housing.
which bit?
The developer promising payment to a council to approve a development.
Not if you dont actually make them.