Most construction companies do not just build houses, but do improvements as well. So even in a time when there is no need for new houses, a construction company can slip by doing improvements of all types.
the answer is subprime mortgage crisis. (A+)
subprime mortgage crisis
The Housing Crisis.
CountryWide Homes was a home mortgage lending company. The company struggled through the housing crisis and was bought out and renamed by Bank of America.
subprime mortgage crisis
The company spent all its capital to survive the crisis.
No.
Can contruction projects continue thru crisis?
The US housing crisis is commonly traced back to the mid-2000s, with the collapse of the subprime mortgage market in 2007 as a major triggering point. Risky lending practices, housing price bubbles, and financial market speculation all contributed to the crisis.
women
Recent crisis is the outcome of housing bubble in the market, which got busted in 2007-08
S. S. Duncan has written: 'The housing crisis and the structure of the housing market' -- subject(s): Housing