The property spruikers are out in force
Sky News’ property expert Margaret Lomas said the current low interest rates and hot property market was fuelling a “fear of missing out” and investors could be exploited by spruikers.
“The spruikers are out in force,” said Lomas.
Lomas said there is a complete lack of regulation on the property investments industry.
“I’ve seen some really sad cases of everyday Australians losing all they have.”