A) What does it take for the authority to stop giving permit for the hillside construction?
B) What does it take for the developer to stop developing in areas prone to disaster?
C) What does it take for consumers to stop buying properties built on such location?
Another tragedy?
Nope...I don't think so. We have had a few landslide incidents involving death, property damages, personal injuries but apparently they were not sufficient reason to stop all together.
To answer the first question - possibly, a cleaner local authorities with smart, qualified people who are accountable for their action.
Secondly, the developer will always build when there is a demand. Basic economics. In Malaysia especially, where the properties are bought even before the construction begins. If the consumers show no interest or response to a particular housing project, then the developer will for sure rethink of their decision to build or not to build.
Finally, as for an individual, we have to be more savvy and do a lot more due diligence.
From an economic standpoint, the cycle starts with the consumers who create the demand. And where there is demand, there will be supply. The authority is just the opportunist in an economic chain.
So, who are we to blame?
So, who are we to blame?
No comments:
Post a Comment