Cracks in a building?? really?, 36981173, page-176 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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sandybay

776 Posts.

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29/12/18

17:15

Post #: 36981173
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Originally posted by alonso ↑

Originally posted by sandybay
IMO before you make a purchase in a new multi-storey construction, ask yourself this question:
1. have any politicians (including councillors) or builder or architect or engineer or any of their immediate family members purchase in this building using their own money ?
if not, stay clear!!

I recommend you purchase older units. They may not be as fancy, but your investment is secure.
Only problem with the older towers is that problems may emerge over longer periods and the remedial cost might be even higher and is the builder still around and accountable?

That's actually 3 problem

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Originally posted by alonso ↑

Owners in the Opal building will not get their investment money back for many years if ever. Whereas in older unit blocks (20 years old plus) the investment made is secure.

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Last edited by sandybay: 29/12/18
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