Kōrero: Business cycles

Site of apartment development

Site of apartment development

In November 2008 building was scheduled to begin on a $200-million apartment complex on this Wellington site. Eight months later construction had not begun, although the advertising was still there. The project stalled in part because the international banking crisis had stopped an expansion phase and led to a contraction. At least three other apartment projects in the Wellington area were also put on hold.

Te whakamahi i tēnei tūemi

Te Ara - The Encyclopedia of New Zealand
Photograph by Jock Phillips

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

Viv B. Hall, 'Business cycles - What is a business cycle?', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/photograph/24158/site-of-apartment-development (accessed 16 July 2024)

He kōrero nā Viv B. Hall, i tāngia i te 11 Mar 2010