Homebuilder Bonds Sink As Government Spending On Housing Declines : News Photo

Homebuilder Bonds Sink As Government Spending On Housing Declines

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Bloomberg / Contributor
A woman with a baby walks past a Geo SAB apartment complex in Mexico City, Mexico, on Thursday, May 16, 2013. Delays in public works spending by Mexican President Enrique Pena Nieto's administration and a shift in government policy to promote more capital-intensive apartment construction in urban areas over single-family homes in commuter towns has eroded the cash reserves of homebuilders Urbi Desarrollos Urbanos SAB and Corp. Geo SAB. Photographer: Susana Gonzalez/Bloomberg via Getty Images
Caption:
A woman with a baby walks past a Geo SAB apartment complex in Mexico City, Mexico, on Thursday, May 16, 2013. Delays in public works spending by Mexican President Enrique Pena Nieto's administration and a shift in government policy to promote more capital-intensive apartment construction in urban areas over single-family homes in commuter towns has eroded the cash reserves of homebuilders Urbi Desarrollos Urbanos SAB and Corp. Geo SAB. Photographer: Susana Gonzalez/Bloomberg via Getty Images
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Date created:
May 15, 2013
Editorial #:
168953310
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Not released.More information
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Object name:
MEXICO HOMEBUILDER BONDS

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A woman with a baby walks past a Geo SAB apartment complex in Mexico... News Photo 168953310Adult,Apartment,Baby,Building,Civilian,Complex,Construction,Finance,Government,Home,Horizontal,House,Mexican,Mexico,Mexico City,North America,Politics,Resident,The Americas,USA,Walking,WomenPhotographer Collection: Bloomberg 2013 BloombergA woman with a baby walks past a Geo SAB apartment complex in Mexico City, Mexico, on Thursday, May 16, 2013. Delays in public works spending by Mexican President Enrique Pena Nieto's administration and a shift in government policy to promote more capital-intensive apartment construction in urban areas over single-family homes in commuter towns has eroded the cash reserves of homebuilders Urbi Desarrollos Urbanos SAB and Corp. Geo SAB. Photographer: Susana Gonzalez/Bloomberg via Getty Images