03 May 2012

What The Hell?

From the latest Lightstone quarterly property report:


Is the Western Cape property price inflation about to go through the floor? And why has it diverged so far from the national average?

19 February 2012

Sunday Open Thread: Pawpaw Hits The Fan At Auction Alliance


Auction kickback scandal

Auction company Auction Alliance has allegedly been colluding with banks, liquidators and attorneys in a money making racket, according to reports on Saturday. 

The Saturday Star reported that a 13-year old paper trail revealed that the company had paid kickbacks to attorneys, liquidators, and bank staff to ensure business went their way.