Few Mr. Fluffy homeowners are buying back their property post-remediation

24 Jan 2018 by under News

534px Australian Capital Territory in Australia zoom 100x100 Few Mr. Fluffy homeowners are buying back their property post remediationWhile the Australian Capital Territory (ACT) is handling asbestos removal efforts for homes that were built with Mr. Fluffy loose-fill asbestos insulation, complaints are starting to surface about how the lots are being handled post-remediation.

As MyMeso previously reported, Mr. Fluffy asbestos quickly gained popularity in the ACT. Eventually the risks associated with asbestos were discovered and millions of public dollars were spent on the original abatement efforts. Homeowners believed they were returning to safe houses, but fear of Mr. Fluffy reemerged in 2013 after a house that had undergone asbestos removal procedures was found to still contain the deadly insulation. The territory government began a $1 billion remediation program.

The Canberra Times reports the territory government has bought back 948 Mr. Fluffy properties worth $678.9 million and has spent $84.4 million demolishing 916 of those homes. However, many of those cleared lots are not being re-purchased by the original owners. Only 41 have been sold back so far, according to the news source.

While government officials are saying it’s due to emotions or other reasons, many are saying it’s because the original owners have been priced out of their old neighborhoods. Felicity Prideaux, a Mr. Fluffy homeowner and a member of the Mr. Fluffy Full Disclosure Group, explained to ABC News Canberra that price is the main factor for why people aren’t returning. “You’re not able to afford to buy the block back because you’re still paying off your old mortgage and you’ve had to buy new property,” she said. “In some cases, offering the blocks back at in some cases over $100,000 more than they were paid is just not acceptable. That’s not fair on the community. That’s not fair on the person.”

She also noted that though the owners were told they had to buy the land back and build on it, some of the Mr. Fluffy lots are not for sale by the government. That, along with changes to zoning laws, may allow for the creation of multi-family structures in what was once a neighborhood of single-family homes, potentially creating infrastructure issues. “It hasn’t been well thought through, and quite frankly, it’s just wrong,” she said.

Of those homeowners effected, The Times reports 35 have chosen to delay remediation and 29 have chosen not to participate.

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