This is a tricky one. If people don’t have the money, they either have to raise it or sell. What they can’t do is shift their debt on to their neighbours. However, many banks will treat a share of strata renovations as if they were a loan for a renovation for a home. It protects their investment (your mortgage) and has an outcome that they know will support the value of the property. They need to either talk to their current lender or look at refinancing. If they’re not prepared to do either of these things, then they will face statutory penalty interest on the unpaid special levy.