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Owner occupiers in defective Mascot Towers given debt forgiveness proposal

Jan. 7, 2024 - 10:11 By ABC NEWS (Australia)

It's been a long-running nightmare. Now owner-occupiers at Sydney’s defect-ridden Mascot Towers might finally have a way out. The building commissioner has brokered a deal that would include some level of mortgage and strata debt-forgiveness. He says there will be 'no winners' under the proposal but insists it's the best offer on the table.