There isnt a market for that: increased wages would increase house prices and the developer estimates he cant sell the house.
If land were cheaper you would see rising wages.
If land were cheaper you would see rising wages.
The market doesn’t know what’s good for it. It’s only interest is the immediate short term.
We can test this :)
Construction pays rather well actually, though it does have high strain on the body.
Putting a ceiling on profits will not raise wages.
So are prices rising or aren't they?
And land probably is what increased prices the most in the share of costs for developing, due to macro economic reasons.