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Bad timing

I love the Property magazine and it is certainly wonderful to look through all the beautiful glossy pictures of the latest developments, wonderful houses as well as read about trends in the property market. The latest Gauteng edition, which I just received, has some unfortunate timing and that is for this issue they chose as a guest editor, Rael Levitt, the CEO of Auction Alliance, according to the cover of the magazine. Obviously, by the time we received this, he is no longer the CEO of Auction Alliance and was subject to a variety of allegations of having paid bribes and similar allegations. In the editorial Rael Levitt writes about an auction, “In his purest form, it is a transparent transaction between a willing buyer and a willing seller at a specific moment in time.” Obviously, all of the allegations essentially say that these transactions were not that transparent, and that there were fake buyers, etc driving up prices.

Posted by Michael de Broglio on Monday 12-Mar-12 Share on Facebook   Tweet It

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Comments

Kaylene  said:
on Friday 23-Mar-12 09:04 AM
That truely was bad timing, and Murphy's Law as well. I'm sure the editor of that magazine could have kicked themselve's hey.

Lucretia  said:
on Thursday 15-Mar-12 05:32 PM
Are you sure this was property magazine and not Nose Week :-)

cherise  said:
on Tuesday 13-Mar-12 09:44 AM
That was definitely wrong timing. I however , do love the property magazines and papers of all the properties available. The homes are so beautiful that some people live in. Nice to dream every now and then.

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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