top of page
< Back


Save this article  > 

Condo Economics

Toronto Condo News
Publication date:
May 25, 2019
Article Summary: 

May 2019 Condo corporations have tax, spend and rule creating authority similar to government.

Individuals intent on renting a property presume others will want to reside in the building partially because of how it is managed and choices made by condo directors.

When individuals decide that a community has made poor choices, it detracts from the value of resales and makes it harder to attract desirable owners.

Communication Our willingness to purchase “wants” rather than “needs” is powered by marketing conveyed through our communications.

It is not uncommon for many to spend more than eight hours of our day in front of the television or internet-connected devices.

Generally self-contained groups, organized on the internet around shared beliefs, have resulted in more aggression and less trust in those outside each group.


condo, condo living, condo building, condo management, condo corporation spending, condo regulations, condos spend tax

Source Citation: 
Toronto Condo News
Condo Economics
May 25, 2019
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page