hoopla Posted August 19, 2008 Share Posted August 19, 2008 http://www.nzherald.co.nz/section/1/story....jectid=10527768 Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted August 19, 2008 Share Posted August 19, 2008 Good advert for investment bankers that one! Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 19, 2008 Share Posted August 19, 2008 The 19th Blue Chip apartment is the one Mr Hickman feels most bitter about. The couple paid $690,000 for the property on Beach Rd which supposedly came with a guaranteed rental income. It has just been valued at $540,000. They have a $480,000 mortgage over it which rent does not cover. This patter it appears has been replicated everywhere!!!!! Nothing is ever guaranteed in financial terms. Quote Link to comment Share on other sites More sharing options...
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