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Jimmy Thomson

How investors can avoid being ripped off by strata firms

At the slightest hint of unscrupulous behaviour, ask questions.

The disgraceful state of strata management firms has finally come to light. The question now is what happens to a system that appears to be rotten beyond repair.

Monday’s edition of Four Corners on the ABC showed how apartment owners are being ripped off by developers and service providers, undermined by people meant to advise and support them, and let down by the government agencies supposed to protect them.

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Jimmy Thomson edits the strata living advice website flat-chat.com.au and hosts the Flat Chat Wrap podcast. Email Jimmy at mail@jimmythomson.com

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    Original URL: https://www.afr.com/property/residential/how-investors-can-avoid-being-ripped-off-by-strata-firms-20240910-p5k9ia