Australians brace for second boom in defective apartments (stratas)

/ Owner - October 27, 2024

Buying a new high-rise apartment in Australia is a game of financial Russian Roulette.  The second half of last decade saw the greatest high-rise construction boom in Australia’s history. In recent years, hundreds of these buildings have been required to remove potentially combustible cladding, at a cost of millions of dollars.  There have also been structural issues with many apartment towers, costing owners millions of dollars in repairs.    Read the article…………………………….

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