Not just this but also because they still need capital to finance the construction process. Borrowing short term is a model that works for them when demand is high - they don't want to be sat holding empty properties after all.
Longer term finance, allowing houses to be built for rental, is one solution that's slowly gaining traction with pension funds and the like.
Of course, as you say, the status quo suits the major housebuilders just fine so there is a lot of inertia when it comes to adopting new and innovative business models.
Not just this but also because they still need capital to finance the construction process. Borrowing short term is a model that works for them when demand is high - they don't want to be sat holding empty properties after all.
Longer term finance, allowing houses to be built for rental, is one solution that's slowly gaining traction with pension funds and the like.
Of course, as you say, the status quo suits the major housebuilders just fine so there is a lot of inertia when it comes to adopting new and innovative business models.