Under Raimondo’s leadership, the REIV acts as a law unto itself.

Under Raimondos leadership, the REIV acts as a law unto itself. Not only does it condone unethical conduct, it has also been accused of manipulating property statistics. In 2006, one of Australias most respected real estate researchers, Louis Christopher, slammed Raimondo as “a disgrace” and accused the REIV of “grossly unethical behaviour”.Yesterday, another leading Australian property researcher – who declined to be named for fear of retribution Raimondo is known to send lawyers after his critics – claimed that Raimondo and the REIV “have been fudging the figures for years”. He said, “They have rigged the system so that it creates the best possible result for their own purpose.”

via Real Estate News