Categories
Construction Otto Rosebury

Otto Rosebery Balcony Defects

#OttoRosebury #Balcony #Economy #HeiseSays Balconies at the Otto Rosebury are defective, with the body corporate letting only three people occupy them at a time. References https://www.news.com.au/finance/real-estate/buying/company-behind-opal-tower-fiasco-caught-up-in-new-building-defect-row/news-story/b356707b79f507a377b339a71a5b2f22

Categories
Economy Mascot Towers

Mascot Towers Difficult Choice

#MascotTowers #Construction #Economy #HeiseSays Owners of the troubled Mascot Towers are facing a potential bankruptcy over a difficult funding decision. References Mascot Towers residents given two ‘very bad’ options after building failure https://www.smh.com.au/national/nsw/mascot-towers-residents-given-two-very-bad-options-after-building-failure-20191009-p52z0e.html

Categories
Economy Housing Crash

Restarting the Housing Bubble

#Housing #Bubble #Economy #HeiseSays Quantitative Easing and Negative Interest Rates could potentially restart the Australian Housing Bubble. References https://www.businessinsider.com.au/australia-housing-bubble-rba-negative-interest-rates-qe-2019-10