BUYER BEWARE: WARNINGS OF ‘RORTS’ FOR NEW APARTMENT BUYERS

 

WHERE to now for Home Owners?  Department of Better Regulation or Department of Fair Trading, or a bit of each?  To put a stop to loopholes and to keep abreast of these issues …

IS it the case Deve-lopers have found a means to devour even more … ?

Estimated build cost of a 2-bedroom apartment $210,000  … so their profit margins are being squeezed … hm …

PERHAPS time the Owners Corporation stepped in to organise a Strata-wide Class Action?

 

 

Some strata managers have suggested the practice may become more widespread as developers remain under pressure. Photo: iStock

Buyer beware: Warnings of ‘rorts’ for new apartment buyers