AUSTRALIANS more than anyone understand the desire to own your own home. It’s your castle.
But property spruikers who prey on these desires, and leave The Great Australian Dream devastated, are on the rise and ripping people of their life savings in what a new report labels ‘The Black Housing Market’.
The Consumer Action Law Centre’s (CALC) report Fringe dwellings: The vendor finance and rent-to-buy housing black market, highlights the devastation caused by dodgy rent-to-buy property deals, and is calling for major law reform to protect consumers.
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Dodgy rent-to-buy schemes labelled ‘The Black Housing Market’ in damning new report.