Why bricks are no longer bankable

Why bricks are no longer bankable - 1992 - Financial Times 10 April 1992, 16(2) .

One of the consequences of the collapse of property values has been increased vulnerability of lenders and their unwillingness to lend on falling security, a problem which may worsen on market recovery as banks and institutions call in their debts.


BANK LENDING
PROPERTY-COMMERCIAL PROPERTY
DEBT