Insolvencies in the construction industry in France: interest rates are key
It’s been 3 years now that the construction sector in France has been improving, with fewer insolvencies and stronger purchasing power from the households. However, interest rates have been rising since the beginning of 2017, and could impede the household spending. If the declining insolvency trend continues, households’ power to purchase new property will begin to fall, which may bring us back to 2012 levels in only two years.
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