Last year alone they started work on about 300 new homes to meet the ever-increasing demand for housing.
By not putting the plot of land up for sale along with the home and by decreasing the profit margin significantly in comparison to regular developers, the SNHBM is able to market their dwellings for as little as one third of the market price in some cases.
To avoid speculation on SNHBM buildings, the association holds pre-emptive rights on all of their homes for 90 years.
To get your hands on one of the coveted SNHBM homes, people can attend an information meeting held by the association. There are often about 350-500 prospective buyers at these meetings, so the competition is stiff. The day after the information session, people can hand in their applications and some even go to the length of "camping out" in front of the office buildings from about 5am just to get their application in first.
The SNHBM has increased its number of construction projects over the past years to keep up with this enormous demand.
The association is in essence a private company and reinvests its profits into future projects. It also puts its buildings up for sale before completion, so that buyers have the opportunity to change the design according to their wishes.
