AFR is reporting on panicked sellers in Melbourne -I can’t post the whole article as it is behind a paywall.
Melbourne land speculators panicking as settlements loom
Speculators who hoped to get rich on a boom in Melbourne land prices are panicking as settlements loom and they can't find developers to on-sell their sites to, according to Resi Ventures's Khurram Saeed, who has been developing for 15 years.
Mr Saeed said he was getting one call a week from panicked speculators, including one buyer who had put down $21 million in deposits on a number of sites and risked losing all their money.
https://www.copyright link/real-est...panicking-as-settlements-loom-20180815-h13zhu
- Forums
- Property
- "Don,t Panic"
AFR is reporting on panicked sellers in Melbourne -I can’t post...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)