Coastal boasts and Mascot backlash

FLAT CHAT WRAP

After three pods in a row about Mascot Towers, we decided you (and we) needed a break so we are heading off to the seaside – figuratively, not literally – to see how property prices are doing on the North and South coasts of NSW.

One report has said that prices in some coastal areas have bounced back more than those in the city, while others have said there are bargains to be had outside (but not too far) the city limits.

So what’s going on? We know office workers are being encouraged to go back to their offices and hybrid working hours are becoming popular.

Maybe all that means that Seachange properties that are within commutable distance are holding the line while weekenders – properties that are outside, say two hours from town – are going back to being what they were intended for and dropping in price accordingly.

After that, we can’t avoid Mascot Towers completely and we’ll be looking at who the winners (if any) and losers are as they hurtle towards the owners vote to accept or reject the David Chandler-wrangled offer early next month.

That’s all in the Flat Chat wrap

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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.