Just to clarify.
Clearly, emotion has overtaken reason and logic as the last couple of pages of this thread would suggest. You need a balance and some sort of compromise from both camps to resolve an issue. It would appear that this is not going to happen here.
Tempers are raised and both sides are upset. It aint healthy and it is certainly not entertaining.
Let It Go!!!!!!!!!! (and enjoy your weekend)
Yes, "the dinosaurs are eating each other", whether that is entertaining or not is subjective.
As a genuine ordinary investor with no vested interest in either side of this ill tempered debate, I would like to offer a balanced summary of the two sides. I am completely unqualified to offer financial advice, but my freedom of speech is regulated by the constitution.
BI claim they have a mould-breaking product, offering timely access to the european property market to the great unwashed at a reasonable cost. Vested interests are attempting to sabotage this new source of competition for funds.
Skeptics argue that BI encourage personal borrowing to invest in an already leveraged product, with high and uncertain costs, high levels of risk, with vague promises of excessive returns. Liquidity will only be available (for ten years) in a grey market which may never materialise. Excellent liquidity is available through exchange traded funds and publicly quoted companies at lower or similar costs and similar or better risk/reward profile.
Does BI have a better risk/reward than a rental apartment in bulgaria? Almost certainly, yes.
Would I personally invest in BI? No.
