War_Hymn t1_jbi5ob7 wrote on March 9, 2023 at 5:17 AM

Reply to comment by goobershank in Rising prices created the opportunity for U.K. housebuilders to extract larger profits — reaching £70,000 (at 2016 prices) per dwelling by marketrent

I think you need to recheck the definition of profit.

goobershank t1_jbjm6wi wrote on March 9, 2023 at 2:57 PM

well, if their profits were 3% of whatever amount they spent, then the inflation hits and now its 3% of the new inflation amount, then of course the "profits" would naturally be higher.