Time to finally end the disruptive low levies lurk
Developers can still emply a low levies lurk, setting fees at unfeasibly low rates to attract buyers, then sit back and watch as they rise to meet real needs and…
budget
Forum: Mending fences creates division – twice
We have never been known for sitting on the fence here at Flatchat but we have two fence issues in the Forum this week. In one, the builder of a…
Podcast: Zooming in on connections lost in France
There’s a different sound to the Flat Chat Wrap this week, Firstly it was recorded over Zoom, then Jimmy seems to have acquired hay fever in the south of France,…
Forum: Vendor gets that sinking fund feeling
It’s been a quiet weekend on the Forum. The effect of chocolate on your ability to put up with your neighbours is worthy of a PhD (if it hasn’t been…
Budget missed a trick with strata (as usual)
Apartments weren’t so much an afterthought in the budget, as a hastily scribbled postscript. Sure there are additional incentives for first-time home buyers, and capital gains tax relief on granny…
That sinking feeling … and why funds run dry
It’s something of a cliché – the ageing apartment block crumbling slowly before your eyes while the oldies on the committee zealously guard the plump sinking fund (as it used…
Budget strata insurance now online
One of the most contentious issues in the new strata laws that came into force in NSW last year was the question of compulsory strata insurance and commissions paid by…