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The construction projects that broke the bank [INFOGRAPHIC]

We’re in the middle of  a property and construction boom at present, buoyed by strong population growth and low interest rates.

I hope the developers of today learn some lessons from the mistakes of others in the past.

Before the Global Financial Crisis of 2008 there seemed to be  one common goal  in construction projects around the world  – the bigger the better. 

Unfortunately the end result for many of these large projects was financial disaster as the following infographic clearly shows:

Guttermaster-IG - UK

Source: www.guttermasters.com.au

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Michael Yardney

About

Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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