Part of Speech: n.
Quotation: It’s not unheard of, particularly in the area of investment apartments and the practice of same-day selling, when a property is bought and sold by a middleman with a friendly valuer and a gullible end purchaser. The practice is known as “hydraulicking” and was involved in many instances of mortgage fraud reported earlier this year.
Author:
Bernard Hickey
Publishing Location:
Dunedin
Date of Publication:
Sept. 28, 2008
This catchword has yet to be researched.