Private builders to Germany will not build two years housing
More and more builders there are on the verge bankruptcies because of a growing rate, shortage of the qualified builders and high inflation Businessmen and economists even more often call the federal Government of Federative Republic of Germany to help the German construction sector which has appeared in crisis. The quantity of bankruptcies among the large construction companies quickly grows. The German builders faced an ideal storm in the form of growth of discount rate, rise in price of construction materials, deficiency of skilled workers and decrease in demand for new real estate which led to financial problems in branch. "We...