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that's what banks tend to do Sanj. if you have defaulted on the loan you have defaulted and they go for the kill. that's why I couldn't give a stuff when I see someone stick it to a bank because what goes round comes round

yeh i know a few guys that went down spectacularly like this. looked one up the other day out of interest and he is off again doing this and that.

it's hard to trade property due to the disgusting transaction taxes (not to mention the income tax and GST results) and it's hard to turn your back on your friend the trend, so it is understandable. I did hear of a couple of people that did major liquidations, like 40 properties just sent to...