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The Property Academy Podcast

Bankrupt builders – will Scarbro's collapse cause contagion ⎜ Ep. 1322

25 Apr 2023

Description

In this episode, we discuss whether more builders and developers are about to go bankrupt. This is based on the recent case of Scarbro, a builder located in Auckland. The company recently folded, and some property investors are wondering whether more developers are likely to fold in the future. We discuss the risk of 'contagion' and whether this could cause flow-on effects for other developers.

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