It is not selling a product, it is being predatory.
Hence why the word 'investment' was in quotation marks in my prior post. These will never generate a positve return (for the purchaser at least).
Financial planner should have a fiduciary duty to their client. Instead, they take a kick-back from the builder for flogging a dogbox. Then they make even more money by:
1) organising the finance, because all financial planners just happen to be mortgage brokers...
2) kick-back from their conveyancer mate who they refer their client to
3) kick-back from quantity survey for preparing the depreciation schedule
4) kick-back from their accountant mate who will do their tax declarations
5) kick-back from real estate agency for doing the property management
