Councillor demands that developer makes no more than 2 percent profit: 'They asked if we were crazy'

 

Councillor demands that developer makes no more than 2 percent profit: 'They asked if we were crazy'

How do you ensure that new homes don't become too expensive? Alderman Ani Zalinyan of the municipality of Heemskerk proposes a drastic solution: she wants a project developer to make no more than a 2 percent profit on a major new construction project and demands full access to the books. "I got quite a lot of criticism."