Future of NHT and the Cost of Construction

Affordable housing needs to be built using the "cost plus" method, with more transparency in the cost.
Prices should be listed in detail for materials, labor and equipment, so that the price for each length of steel and each piece of lumber can be verified. Then a standard international profit like 15% added to the total cost for the contractor.
Instead we use an opaque document called a BQ, where nobody knows how the rates are calculated, and the total price ends up double and triple what it should be, and a few contractors (developers) become extremely wealthy off the backs of contributors.
Most contributors can't afford it, and a few end up "begging their cousin" to build their house for them over 10 years, just to get something reasonable.
Is this a national path to home ownership and development?
-RG

In response to:
Future of NHT to be debated in Parliament — Holness

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