#71134
reddant
Flatchatter

    We have one family who owns about 61%, another family 5.5%, and combined they are 66.67% and the remaining owners are 33.23%.

    Like your situation, they limit number of committee members so no one else can get on committee. The legislation permits this though.

    The remaining owners at 33% have all the power they need, but are useless.

    So the families rule the roost and bully everyone, so they’ll sell up.

    I think the legislation permits this.

    The future is build-to-rent and strata, the failure that is, will be phased out.