Two NSW building companies collapse owing hundreds of thousands

by Boo_Randy

Soaring costs of labor and materials are causing property developers and homebuilders to go bust. Coming soon to a Fed-blown housing bubble near you. As in 2008, the implosion of Housing Bubble 2.0 will be the catalyst for the next Great Financial Crisis – and this time the central bankers’ have blown their wad after 14 years of “emergency measures.” Got silver?

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Two NSW builders have collapsed within days of each other, owing hundreds of thousands of dollars to big names including Bunnings Warehouse.


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