Australians targetted by 'black market' housing operators

Zuhura Nimbona. (SBS)

Zuhura Nimbona. (SBS) Source: Zuhura Nimbona. (SBS)

Growing number of Australians targetted by 'black market' housing operators


An increasing number of people are losing their life savings to unscrupulous property vendors, who are offering their own finance deals and rent-to-buy schemes.

 

That's according to consumer advocates who say people are falling victim to 'black market' real estate deals, and they've called for the regulations to be tightened.

 






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