Buying Off Plan

There are a few people loving the idea of buying a property off plan, or even an unfinished property.  I was only young in the late 80s and early 90s, but I still remember people being burnt on these scheme, property not as described, delays and company going busted altogether.  It is still the case now, recently shown on the TV show Manctopia.  Even the well established house builders here are giving buyers grieves.  

Moral of the story, don't buy off plan, the rewards really not worth the risks.