Thats why stockland reported a net loss of $147M and (after 300 mill profit reported before) and wholesaling 26 resdential projects...
if it was a bright future with assured gains, why slash and burn??
just asking?
My post is not citing a case for or against property for investment, just sharing some information.
http://www.couriermail.com.au/business/companies/stockland-suffers-1471m-first-half-loss/story-fndfrjq1-1226576762104
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