Broken City!

Digital Finance Analytics (DFA) Blog

Broken City!

Sep 18 2024 | 00:12:41

00:00 / 00:12:41

Show Notes

Home builders are falling off the perch at an alarming rate with high rates of insolvency among construction firms, many of whom were homebuilders, to 3,000 in the past year. While many of these were small firms, we are still seeing a spate of larger firms going under. We are encountering more people in our 1:1 discussions with people coping with half built projects, no builder to take over the work, rising costs and blown out completion dates. No wonder people prefer to buying existing property. The latest quarterly data on the value of construction work done also fell by […]

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