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Sunday, October 26, 2014

PM right - apartments good for first home buyers

And who wouldn't want to live in an apartment building like Chevening in Kelburn, Wellington (1929)?

But such buildings are a rarity and the quality of some leaves something to be desired. From ensuring that you don't buy a leaky building to an earthquake prone one to managing relationships with a body corporate, apartment living has its complexities.

If more people are to move into apartments, the Government needs to ensure that legislation is robust enough to ensure that people have warm and secure buildings that they feel comfortable investing in. Will John Key lead the charge on quality as well as supply?

Photo courtesy of Patrick Reynolds

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