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Old Posted Nov 13, 2023, 8:30 PM
whatnext whatnext is online now
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Join Date: Feb 2009
Location: Vancouver
Posts: 22,946
Condo Living-The Worst Kind of Canadian Living?

So, this was inspired by a thread in the Vancouver forum. My basic question: is living in a condo the worst kind of living in Canada (bar a tent or cardboard box)? You're at the mercy of the quirks and behaviours of scores of other owners/renters but unlike a someone renting a flat you can't just give notice and leave. Plus these buildings are beginning to rack up some significant expenses as they age.

Then there's been the issue of skyrocketing insurance premiums for some of these buildings. Often the result of water damage claims from pipe failures etc.

Often the naysayers claim that operating a house is more expensive but based on what I see being charged monthly maintenance fees I'd argue that's not the case. I can mow my own lawn and rake my own leaves. It's unlikely I'll have to replace the roof more than once.
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