‘Terrifying’ creaking haunts Melbourne high-rise residents

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Seriously, who would want to own a high-rise apartment?

Over recent years, hundreds of buildings have been forced to remove dangerous flammable cladding at the cost of millions. Multiple apartment towers have also been plagued by building faults, costing owners thousands in rectification costs.

In 2019, Four Corners aired a segment entitled Cracking Up, where building law expert Bronwyn Weir encapsulated the issue with the following:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.