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:
SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
PREFER TO SUBSCRIBE VIA EMAIL?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.