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Faulty apartments create generation of “mortgage prisoners”

June 20, 2019 - 10:00 -- Admin

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.

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