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Growing number of Australians targetted by 'black market' housing operators, says report

Zuhura Nimbona

Zuhura Nimbona Source: SBS

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.


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By Abby Dinham

Source: SBS



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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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