Property News · October 12, 2016

Dumped apartment projects 'groundhog day' to global financial crisis


The collapse of property developments in Auckland as banks refuse to fund projects due to blowouts in construction and labour costs, is “almost groundhog day” to the run-up of the global financial crisis in 2007/2008 says John Kensington,…

Source : nzherald.co.nz/Property
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