A commentary piece warns of a second boom in defective high-rise apartments, citing NSW strata research finding serious defects in 53 per cent of newly registered buildings, and fast-tracking construction risks repeating last decade’s failures. Developer Max Shifman said faster planning helps little if the product costs too much.
As I told MacroBusiness: “Speeding up planning in these activity centres will deliver little benefit if the result is a housing product that costs too much and doesn’t meet the utility of buyers”
MacroBusiness, 28 October 2024 — Read the full article