Built-in cheats, property prices and victory for Vicinity

FLAT CHAT WRAP

It’s very much a mixed bag in this week’s podcast, not least because what’s good news for some in property prices is, inevitably, bad news for others.

But first, we have a chat about embedded networks, what they are and how apartment buyers get tricked into paying for things that should be charged to developers.

And, with mainstream property media finally catching up – we first raised this issue a couple of years ago – we suggest a way apartment buyers can get around these scandalous rorts.

Then Sue brings us up to speed on property prices, including what’s going up and where. And we examine how realistic it is to want to put a freeze on rents – and have a look at the one are in Australia where rent caps are working.

Then we look at a victory for the benighted residents of the Vicinity building – the one that’s being propped up, literally, while the developer has gone into receivership and the company’s supremo has disappeared somewhere in the Middle East.

And finally, we celebrate the publication of Jimmy’s new novel – and explain why it has been published under a different name.

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Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai.
Find out more about Sue Williams and Jimmy Thomson on their websites.