with no-deposit home loans and banks eager to build their loan books many who only have glib tongues and a glossy appearance have been able to secure strings of loans piled one on top of the other. An old mate had a dozen properties all on interest only payments and a plan to ditch properties before the capital was required... all thanks to the escalating housing prices.
How did Alan Bond get his $millions? And what happened to him?
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with no-deposit home loans and banks eager to build their loan...
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