Why you should ask if a building has a lot of overseas investors

By Jim Malo
Updated November 22 2017 - 6:23pm, first published 6:13pm
Businessman holding a pen sitting at a desk. Generic paperwork, director, office work, white collar, boardroom. Tuesday 1 August 2006 BRW photo Louie Douvis   AFR FIRST USE ONLY SPECIALX 54233
Businessman holding a pen sitting at a desk. Generic paperwork, director, office work, white collar, boardroom. Tuesday 1 August 2006 BRW photo Louie Douvis AFR FIRST USE ONLY SPECIALX 54233

It's often a selling point for developers to point out their apartment building sold most of its stock within "X" minutes of going on sale. However, that's also a sign that investors were waiting in the wings to buy and if you're an owner occupier (or small-time investor) it should prompt a few extra questions during the purchasing process.

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