Perth housing crisis deepens; builder chased over defects; property prices slump
Western Australia is facing multiple housing crises, with six nearly completed townhouses in Hamilton Hill set to be demolished at a cost of $1.1 million to taxpayers, while another $4 million will be needed to rebuild them. A Perth builder, Kastle, is being pursued for hundreds of thousands of dollars in warranty work on an apartment block plagued by water leaks and defects. After record price growth, the runaway Perth property market has hit a speed-bump.See omnystudio.com/listener for privacy information.
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