24-07-2023, 12:42 PM
(24-07-2023, 10:10 AM)Oh_hunnihunni Wrote: I agree. We watched a sinilar waste of treasures when the two state house duplexes nextdoor were bulldozed for a twelve unit KO development as transitional homes. The wooden windows were a particular loss, similar were being trade at the time for hundreds each, it was just throwing away ready money.
It isn't economical for a developer (including KO) to hold up a development for the sake of even a few thousand dollars from selling the windows or timber. Although it seems like ready money, the delays will impose more cost than the proceeds from sale of recycled materials. Not everything should be purely about money, however there is currently a lot of public appetite for bringing lowering housing costs, whereas forcing developers to recycle will increase costs. It's also worth pointing out that although a lot of developers have enjoyed periods of high profitability over the past 10 years or so, they're currently struggling as they're caught between the massive increase in build costs and decrease in property values. So, imposing an additional compulsory recycling cost is going to dissuade even more developers from building the houses that we need.