26.06.2009 - Australia: Property developers hitting the wall
From Theaustralian.news.com.au: Property development looked like a solid path to prosperity just 18 months ago but now it has become an obstacle course fraught with risk for entrepreneurs. Tight access to credit, onerous criteria for warranty insurance and a sluggish market are all combining to make conditions the worst they have been in decades. .......Full Article: Source
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