BUYING OFF THE PLAN & THE HOME BUILDING COMPENSATION SCHEME … DOES NOT APPLY TO HIGH-RISE UNITS & SOME RETIREMENT VILLAGES!!

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HOW can this be regarded as “Fair Trading” in NSW with home owners having purchased a high-rise apartment … when developers have it all cooked up so that consumers have little choice, or have been priced out of an alternative of a cottage by the Housing Ponzi Scheme of NSW INC?

“The HOME BUILDING COMPENSATION SCHEME covers new houses and multi-unit residential buildings up to three storeys high.

There is no cover for multi-unit buildings that are more than three storeys high.

Exemptions also apply to certain types of retirement villages.”

 

WITH NOT SO FAIR TRADING IN NSW INC!

 

Buying off the plan

Buying a property