Failed developer Ralan "a ponzi scheme that targeted Chinese buyers"

Discussion in 'Property Market Economics' started by Waterboy, 15th Aug, 2019.

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  1. The Y-man

    The Y-man Moderator Staff Member

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    An overseas buyer may have no idea what the prevailing risk free rate is here in Aust.

    The Y-man
     
  2. Waterboy

    Waterboy Well-Known Member

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    But these are local buyers belonging to a certain demographic.
    Besides, it's foolish not to do some due diligence.

    I think this is a classic case of Greed taking over Common Sense.
     
    Kelvin Cunnington likes this.
  3. Scott No Mates

    Scott No Mates Well-Known Member

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