Know it quite well thanks, live not far away. Own in surrounding suburbs. But thanks for your misplaced assumptions. Spent plenty of time looking around 2770, some places with good tenants, some with shockers, and seen all kinds of neighbourhoods and neighbours in the process.
Its a valid question - how is it enforced.
No one said it wasn't. It's a great question actually. Read a contract of one and see what the exact wording is. No need to get on the personal attack.
No attack. Just stating I'll ignore the ignorance that I read in your post. The investor act was tongue in cheek stereotyping.
And I'm supposed to guess that? Maybe use the available emoticons to remove doubt.
In the past Nathan has stated he has had the owner occupier clause removed.
Really? Not that I'm aware of. Not that I know all Nathan's deals. I know he had his lawyers look at it. Maybe he meant he arranged for it to be removed prior to purchase. Sometimes if they don't sell then they are put on the open market. Nathan has a good relationship with the auctioning agents. Maybe they called him to let him know it was being removed. I'll ask him Tomorrow.