General Urban Kitchener Updates and Rumours

[dtkvictim]

Is it really "They will not make any money"?

Or is it "they won't have a high a net profit as they wish"?

Because, as I said, the sale price jumps of anywhere form 10% to 40% year over year for the past several years in a row have far outstripped what even 8% inflation in the past year has done to their costs.

From what I can find out is that over the past decade, average developer profits have risen from 8% to 15%.

I'm not commenting on the validity of your first two questions, but the portion I've bolded makes no sense as an argument. I'm assuming your 8% inflation is referring to CPI, which you can't in any way translate to the cost of construction. The 10-40% jumps your are referring to should even be included downstream in the shelter portion of the CPI, which should give you a hint about the incongruity.