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Have Australia’s apartment residents finally had enough of strata living and are they now fleeing back to houses? Do they see high rises as high risk for too many varied but valid reasons? It seems post-Covid property prices have taken an unexpected twist, with Sydney and Melbourne house prices soaring but apartment prices flat-lining, if not …
https://www.flatchat.com.au/apartment-price-disparity/The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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There was a fire in an apartment block in Melbourne a few years ago. The cladding has been replaced recently in the Neos building. Can you find out how much the cost of replacement cost was incurred by an apartment owner?
Well, apartment living could now be a life-threatening habit. One prominent virologist has pointed out that most apartment block A/C systems were never designed to remove viruses. With the exception of smallish blocks where each apartment has its own system, apartment living seems ideal for spreading infection. Travelling in a lift adds to the risk. I think people are voting with their feet and their health.
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