Burglars benefit from virtual tour
Monday 23 August 2004
Home owners selling their houses on-line are being warned to be cautious with their "virtual tours" in case they alert web-searching thieves to the location of valuables.
By The Landlord
Police and real estate experts in New Zealand spoken to by the Sunday Star-Times have not yet heard of houses being burgled after a virtual tour but say vendors should be aware of the power of the technology following an Australian case.In Sydney, Michael Pallier now dissuades vendors from using virtual tours after a house he was marketing that way was broken into. He said the on-line tour had provided the thieves with the know-how to break into the house, avoid security and steal a safe full of valuables.
"We have gone off using virtual tours in the interest of the safety of our vendors," Pallier told Australia's The Sun Herald newspaper.
Read More - Opens in a new window
Commenting is closed
House Prices
House price drops are short-lived - Alexander
Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
Commercial
Industrial holdings leave Provincia in strong position
Tales of strife and problems abound in the commercial property world these days, but the impact of the Covid-19 pandemic has not been as devastating for all commercial players.
Mortgages
OCR reaction: Reserve Bank open to lower, negative rates
Economists say that the Reserve Bank has left the door open to lower or even negative rates, as it kept the official cash rate on hold in its Monetary Policy Statement (MPS) today.
