From the BBC:
A builder has been accused of causing £4m of damage by ripping apart five new homes with a digger... Daniel Neagu, 30, from Athelstone Road in Harrow, north-west London, has been charged with causing criminal damage.
I call bullshit.
I'm happy to accept that those five homes could have been sold for £800,000 each, but not in a million years is the (re)build cost £800,000 each, probably more like £200,000 each, tops. The rest is land value and profit margin. So by all means do him for £1 million's worth of criminal damage, but not £4 million.
Monday, 13 August 2018
"Builder charged over £4m new homes digger destruction"
My latest blogpost: "Builder charged over £4m new homes digger destruction"Tweet this! Posted by Mark Wadsworth at 15:56
Labels: Residential Land Values
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