Nigel, you appeared out of the sky like my guardian angel! I have been pushing water up hill on here for a few weeks now. I agree enttirely with you, as if you hadn't guessed already! Current prices for new developments in Natal, even if being legally constructed, are way too high and indeed the guarantess are pre-budgeted and all they are doing is re-bating pre-paid discounts so as to achieve money up front to fund the developments. Plus if you see my Bank thread, there is no guarantee to how this can be paid to you. Likewise, all the management Company has to do is to put the business into liquidation and say "sorry, can't pay you anymore". So the word "guarantee" is being mis-used. Any deal is about how and when you get paid, unless payment is "guaranteed" the deal is not worth doing. Likewise, if these discounts were paid up front, then it might be a good deal.
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