Cladding drops NSW property prices: Labor | Owners Corporation Network

Cladding drops NSW property prices: Labor

Owners of NSW apartments with flammable cladding could experience a "whopping" drop in value of their property, the opposition warns.

It follows reports a homeowner in a London housing complex with similar cladding blamed for the city's Grenfell Tower fire was told the value of her home dropped from 475,000 British pounds ($A871,650) to 50,000 pounds.

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