It’s not just housing though. Germany took the opportunity to invest and build in all manner of things from buildings to infrastructure; for example I got 3 new tramlines outside my front door. Money, labour, services, goods are all way cheaper in a recession plus it keeps people in work. In...
Rubbish. Plenty of projects were still going ahead and being funded at that time. In fact, if you’re a cash rich it's a good time to build as costs are often much lower during a recession. Loads of places sprung up in Berlin at that time.
No, this did not happen. The original lender, Dutch bank ING, withdrew their support due to the credit-crunch. Karis then sought alternative funding. They needed a slight extension to the original planning agreement to secure this, I understand this is typically a formality if there is no...
It’s a shame the Tory party put a stop to the Gehry project, wasting around 5m of tax payers money in the process. Pure politics and waste over common sense.