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Richard Little: A Macro View 2023 ... How Builders Go Bust.

Paul Lanfear Property & Investor Podcast

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Why Do Builders Go Bust?

Richard says there are a number of reasons why builders go bust. They overstretch their self, think they're more capable than they are and surround themselves with people that aren't able to disagree with them. Ego is the most common factor in going bust - it's mostly men but not limited to men. Richard: "When you see very, very successful people who have everything...they take that extra step and risk it all"

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