Housing starts falter in wake of building scandal
TOKYO -- New residential construction starts dropped for the first time in eight months in October owing to a sharp decline in condominium building that may itself stem from revelations of sloppy foundation work.
Total starts fell 2.5% on the year to 77,153 units, down more than 10% from a near-term high in June, Japan's land ministry reported Monday.
http://asia.nikkei.com/Politics-Economy/Economy/Housing-starts-falter-in-wake-of-building-scandal
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