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is social housing subsidised?
Comments
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Wee_Willy_Harris wrote: »I specified selling at cost, which isn't the same as a subsidy.
As I said any business selling at cost is making a loss on the transaction.0 -
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If that is what you believe, you have no idea of how a business works.Wee_Willy_Harris wrote: »Well, no, they clearly aren't.0 -
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Wee_Willy_Harris wrote: »Please expalin the loss, if the cost of producing whatever they produce is covered?
Admin, overheads, marketing, accountancy, interest, etc etc.0 -
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Wee_Willy_Harris wrote: »All factored into the cost base, I'm sure. But there would hardly be any need to market a property sold before it was even built.
Cost price does not take general overheads into account in the usual definition.0 -
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I have absolutely no idea what's going on, but it smacks of something that will have to soon disappear up its own orifice.0
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