They believe they have adequate capacity to meet demand and, besides, they are in debt from construction costs.
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D-marks to bail out a debt-ridden construction company, Philipp Holzmann, which had been sliding to bankruptcy, appalled the more radical reformers.
This suggests one way to reduce the risk of a property bubble: rely less on bank debt to finance construction, and more on equity.
While much of this debt is sold by the government for construction projects and bought by state-owned banks and enterprises, corporate debt is rising and represents more than 10%, from around 5% in 2009.
They began to experience considerable financial difficulty because of credit card debt and an overrun of home construction costs.
It is meant to push companies out of the so-called valley of death where private equity or debt investors are reluctant to cover huge construction costs on unproven technology given the sluggish growth outlook for power demand.
Renong, with interests ranging from construction and property to financial services, is billions of dollars in debt and admits it is unable to service both local and foreign loans with some 50 banks.
Oshkosh faltered badly during the subprime crisis when demand for its construction equipment dried up right after the company had taken on massive debt to buy Wall Street darling JLG, a maker of lift equipment.
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Hit by the sharp slowdown in the construction business, Sacyr relies on Repsol's dividends to service its debt.
However, their reign has proven unpopular with Reds fans, with the debt burden they have placed on the club and the delayed construction of the proposed new stadium at Stanley Park coming in for particular criticism.
Banks, awash in bad debt, are to be encouraged to start lending again to property and construction projects, and the central bank will be less strict in classifying bad loans.
It has kept millions of families in debt and unable to spend, and it has left hundreds of thousands of construction workers out of a job.
U.S. economic data due for release Thursday includes the weekly jobless claims report, new residential construction, the Philadelphia Fed business survey and foreign central bank holdings of U.S. debt.
In an era when many of our largest states are drowning in long-term debt incurred to finance spending on everything from lavish public employee pensions to privately-owned stadium construction, the last thing the federal government should be doing is encouraging even more borrowing at the state and local level.
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Most municipal debt is managed responsibly, and some debt is oftentimes necessary to address basic infrastructure needs at a time when interest rates are favorable and construction costs are lower.
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