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Old 13-04-2019, 07:25 PM   #610
Asphodeli
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Join Date: Jul 2001
Posts: 15,700
Good to hear that Developers are starting to deleverage.
Else they will acquire land like there’s no tomorrow.
Oxyley in the last 2 years is a good example.

This hopefully will stabilised the oversupply issue and stablized the price.
they can't deleverage unless they sell units and book them as revenue...i dont think it will help much in stabilizing the oversupply issue.
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