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    The post sent in by Lorraine on the developers "wanting to invest in Dover", together with a recent article on Sky News about land fraud banks, prove how developers and the housing market work: Land is purchased at a relatively low price, divided into lots, and sold to developers for a huge profit.

    When everyone has finished making their speculation profit, a home purchaser ends up paying a life-time mortgage on a house that has been valued to satisfy the greedy gains of greedy speculators.

    Somehow, Paul thinks that greedy speculators would invest tens of millions of pounds every 10 years into maintaining old stuff up on Western Heights, finding this money from the building of hundreds of houses and a hotel + a mega World War memorial.

    My bet is that the developers would flog the land and houses off at speculative prices and then turn round and prove to Paul that they have no obligation to invest "£20 million" (Paul's quoted figure) to mess about with old stuff from the Napoleonic defences.

    They would probably declare insolvency even if they did invent some sort of contract to replace two tumbled down bricks one on the other. But not before flogging off the land with new houses.
    Then Paul and Chris would be telling everyone that insolvency on the part of the developer (after flogging off the land and new houses) was beyond anyone's control and prevision.

    Let's look at Chris's view through the same pair of glasses: Chris and Paul looked on in despair as earth was shoveled into the moats, the problem was solved, it all became a Green Area with no need to invest £20 million every ten years into miles of trenches.

    This seems to be my latest view now, have given up arguing with developers and their supporters.

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