Yes they are but one of many who are doing re possessions for...

Yes they are but one of many who are doing re possessions for the bank. banks do not stick to one firm alone as you should know.

Student accomodation pre sold was financed by NAB on a number of ronts. All Banks did the same. I was only referring to the NAB. They do have a very large real property portfolio.

The crash and the bubble you refer to really is the suburban fools who fell into the Kaye trap and similar shows and let their vanity take hold of their common sense.

The docklands is doing a brisk trade. There property has replaced gold and is a currency in itself which is tradeable by and between willing parties.

Yes there are a number of buyers who cannot settle as the dates draw near. many more cannot find the right funding to fill the gaps for the bonds (deposit) they used to pay their deposits.

It won't crash there, but lawyers and insolvency accuntants have a busy book for this year.