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[equus]

Surely there should be a case for changing the legislation for reviewing blatantly unfair unit entitlements?

I own the least desirable unit in a block of 15 built in Balmain in the 1960s. Several of the best units were sold by the developer to his mates, who mostly still own them.

All units have the same entitlement, but run across the whole gamut of value.

On each of 3 floors there are 2x2br, 2x1br, and 1 studio (I believe these were initially planned/passed as laundries).

I own the studio on the ground floor at the back of the building which faces south and overlooks the common car-park area (!).

The best 2 br units face north and have an unimpeded view of the Harbour and Bridge (!) They also have balconies.

There is absolutely no comparison in value – yet we all pay the same levies. Those with the cheaper units subsidise those with expensive ones.

I bought mine as an investment in 1994 and as the costs for the building were then quite low it was not a problem (also I have to admit that being young and naive I did not realise the situation when I was sold the unit).

Now as time goes by, more and more repairs are required to this ageing building and it seems extraordinary to me that there cannot be some changes to exisiting legislation to make it easier for justice to be done in these instances.

I have been advised in the past that the cost of raising a case in court would be prohibitive.

Yet rectifying anomalies like this should surely be a priority in any review of relevant legislation?

Many thanks for reading my beef! I would be glad to hear other views

Equus

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