construction companies were going bankrupt prior to the '22 election as well as since the election. it was always going to happen after the massive boom aided by covid largesse.
moreover builders have been rushing through jobs and leaving many homes/apartment buildings full of defects and structural faults. small builders have a structural habit of bankruptcies to avoid the costs of fixing their faults.
its not all down to just the political impacts. Govt has changed nothing for builders since the election.
