There’s A Property Investment Time Bomb Ticking Away

http://propertyupdate.com.au/?p=49816

Thousands of investor face financial ruin because they won’t be able to settle the “off the plan” apartments they signed up to buy.

You see… industry insiders are worrying about a ticking time bomb, that the average property punter is not aware.

As if those who recently bought off the plan apartments didn’t already have enough to worry about, with a looming oversupply of new apartments and poor on completion valuations; now tough lending criteria could mean many won’t be able to settle their property purchases.

There’s A Property Investment Time Bomb Ticking Away

http://propertyupdate.com.au/?p=49816

Thousands of investor face financial ruin because they won’t be able to settle the “off the plan” apartments they signed up to buy.

You see… industry insiders are worrying about a ticking time bomb, that the average property punter is not aware.

As if those who recently bought off the plan apartments didn’t already have enough to worry about, with a looming oversupply of new apartments and poor on completion valuations; now tough lending criteria could mean many won’t be able to settle their property purchases.