I've been keeping a closer look at real estate websites for some design ideas and couldn't help but notice that quite a lot of houses are being put up for sale as soon as they finish being build in completely brand new estates.
I can understand that with the investment properties that can be seen from far away with cheaper specs and inclusions, but...
There are a whole bunch of houses with premium inclusions like floor to ceiling tiling, glass splash backs, downlights throughout the house, increased ceiling hight, large porcelain tiles, timber floors, etc. All these things cost a lot more than your average builder includes.
The question is "Why do people sell these houses that they obviously put a lot of work, effort and money into?"...
Are they struggling with repayments or was it the initial idea to build a very expensive house with very expensive builder and then sell it???
Doesn't really make sense to me... Can someone shed some light please?