tsunami' to hit australian real estate, page-46

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    Kincella. So you sold at a 900% profit. Assuming you paid $100,000, a profit of $900,000 means you sold for $1,000,000 yet you could not get the bank to rollover finance of say $100,000 a LVR of 10%. I know banks are cautious but not that cautious. What's the real story?

    Also what market has returned a CAGR of 34% for eight years?
 
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