How to choose an apartment wisely and why low levies can be a false economy

Sometimes when pensioners or investors dominate the ownership of a building or complex we see historical pressure to keep strata levies low. The discretionary portion of the levy is the sinking fund contribution, so when building issues arise, or upgrades are required, there is no money in the pot.  What happens next? Either the issues … Continue reading How to choose an apartment wisely and why low levies can be a false economy