Re: Modular homes, retirement care and other fairy tales
Re: Modular homes, retirement care and other fairy tales -- Marianne Top of thread Forum
Posted by:
NikW ®

10/10/2005, 03:31:26
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The story may be old but it is actually getting more worrying with age. The mass of  predominantly young premies of the 1970s had a chance to survive this sort of madness - investing in a dead end dream is not necessarily a total disaster when you are twenty - providing you wake up !

 But 'retirement' age folks who anti up their savings to buy into another of Rawat's absurd property developments stand to lose everything - with no hope of ever recovering from the inevitable disaster. It's all very well for the Pascottos and Sordonis who have personal wealth to protect them in their old age - but are they really going to stand by and let this grotesque proposition go forward and suck in the many premies who simply have no safetynet when the scheme goes the way of every Rawat development ?

The TPRF board as well as the EV operators can not distance themselves from these development schemes - it is they who set the ground upon which Rawat draws in the premies - it's time Linda Pascotto and the rest of the management accepted their moral responsibility and stood up for the interest of premies.

Nik







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