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As credit from banks and major lenders just refuses to loosen—even for ongoing projects all over the world—major city projects are coming to a screeching halt. Many of these projects were featured on TrendHunter.com when they were announced.
Dubai has been hit the hardest because they were the most aggressive with building superstructures, but the collapse of building projects is a worldwide phenomenon.
References: oobject
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Going Like Sixty
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