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Spruikers Be Gone.

Discussion in 'Accounting & Tax' started by Paul@PFI, 5th Aug, 2015.

  1. Paul@PFI

    Paul@PFI Tax Accounting + SMSF Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,374
    Location:
    Sydney
    APRA are working to take some heat from the market but the endless barrage of spruiker activity seemed relentless...Until....

    http://www.theaustralian.com.au/bus...ght-in-clampdown/story-fn9656lz-1227463857793
    QUOTE START
    At least 10 property groups around the country face legal action for making unsubstantiated and misleading claims about their property investment schemes.

    Among these groups are Easyhomes WA in Perth, Rick Otton and We Buy Houses in NSW, and Victorian companies Creative Property Australia, Benny Bull and operator Benjamin David Chislett.
    QUOTE END

    Finally the rent to buy crowd are being called on their *********. This is why you cant but 40 properties in three years.... If you don't own 100% you dont OWN the property do you !! Uts like suggesting the CBA is Australias largest investor...For lending to homeowners
     
    Be Developer and Terry_w like this.