10-05-2024, 04:48 PM
(10-05-2024, 03:40 PM)tomh009 Wrote:(10-04-2024, 08:57 PM)Rainrider22 Wrote: Sure, unless your the person losing your built up equity on what you thought was a good investment at the time with yoir hard earned money. Easy statement to make if you don't have any skin in the game.
Almost all of our statements on this forum as similarly easy to make.
The buyers were arguably at risk of losing some or all of their deposits in the bankruptcy. Having the option of either getting a full refund or paying a somewhat higher price--after four years of significant construction price inflation--is far from being the worst possible outcome.
The reality is that investments are not risk-free.
Were they? Surely deposit funds are held in trust, arent' they?