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jantimot

28,822 Posts.

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23/03/19

09:59

Post #: 37860415
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Originally posted by bellevem ↑

Have a guy who said to me earlier today that he is buying an investment property bin Brisbane.... I said why? He then tells me that it's not for him it's for a friend in China. They are not able to get loan or money out so they are giving him 20% deposit to buy. He is signing a contract that he gets half profit if they sell down the track. It makes me so bloody angry that this sort of thing is happening. We would never be allowed to buy over there. It's pathetic and unfortunately its why the world is the way it is. Greed !!

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Does he have to pay half the loss if it goes down?
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