PHOTO: MONIQUE FORD / STUFFThe leaky homes saga is regarded as a national tragedy.
The recent sale of some Auckland apartments for as low as $20,000 has raised eyebrows.
But dig a little deeper and you discover most are plagued with water-tightness issues; being sold by owners virtually walking away from their leaky buildings.
The saga has been labelled a national tragedy, and New Zealand’s largest man-made disaster. Despite the issue being exposed in the 1990s it is still far from over. Homeowners continue to pay the price and taxpayers are footing the bill for rotten hospitals and schools.
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