Your mum buys a house, rents it out to Sean, waits until the market triples, sells it, then buys another one, rents it out to Sean etc.
by Specufestorlol December 03, 2008
An Australian term meaning a shady character who buys up all the dogboxes (rental property) in his suburb, then rents then out for a packet to loser renters, then sits back on a beach in Thailand living off his profits. He might boast about his achievements on property forums like the Zetaboards Australian Property Forum and then he'll get called a troll by all the other bitter loser renters there.
Damn! Frank is such a fucking specufestor. That parasite is out in Thailand drinking and shagging all day while all my hard earned wages pay the rent that pays for his lifestyle! Wish I'd bought a house before the boom like Shady advised me to do, then I wouldn't be stuck living in this shithole with Sean and Wulfie paying rent to Frank.
by Zoran CC November 12, 2010