Construction decreases

[NewsWhore]

The start-up of construction projects has decreased by 90% in the last two months, according to the president of the Housing Construction and Promotion Association (ACROPROVI), Jaime Gonzalez. Gonzalez blames the lag in construction on the rising financial costs. Gonzalez says that sales of new homes are down 70% in 2008, compared to 2007.

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