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Developers to collapse

Language: English Series: European ; 21 January 1993, 34(1)Publication details: 1993Subject(s): Summary: Paris authorities are expecting an avalanche of bankruptcies among property companies. The collapse of the market has seen prices fall by 10 to 20% in the past year and bankruptcies rise by 35%.

Paris authorities are expecting an avalanche of bankruptcies among property companies. The collapse of the market has seen prices fall by 10 to 20% in the past year and bankruptcies rise by 35%.