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Germany’s housing sector slumps into crisis, with 1 in 5 developers cancelling projects in August


German Chancellor Olaf Scholz to meet leading players in the property sector for talks as he seeks to jump-start construction. The crisis could snowball into a social disaster if the building slowdown crashes into the rental market.

Source : South China Morning Post
Read more…Germany’s housing sector slumps into crisis, with 1 in 5 developers cancelling projects in August

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