Why so many building firms are falling over
Insolvency expert explains the economics of failure during a boom.
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Hawke’s Bay
In the past year we’ve seen Ebert, Corbel, Accent, Matrix Homes all fail, and these are just the failures that I’ve had some involvement with. Fletcher Building lost half a billion dollars and a host of smaller builders went under.
It is difficult for mainstream economists to understand why
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Damien Grant
Fri, 28 Dec 2018
Fri, 28 Dec 2018
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Why so many building firms are falling over
Property,
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