By Leith van Onselen Australia’s apartment market is in crisis. On Christmas Eve, all residents at the 392-apartment Opal Tower high-rise were evacuated after serious cracking sent soundwaves across the complex. And then over the weekend, residents of a 12 year-old, 10-storey high-rise apartment complex in Mascot were evacuated after cracks were discovered in the foundation
The post Faulty apartments create generation of “mortgage prisoners” appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]