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The Rise of Condo Fees (And The Factors That Cause Them To Increase)

Author: 
Sarah McKenzie
Publication date:
November 17, 2022
Article Summary: 

In this blog post, the author discusses the reasons why condo fees are increasing and what factors contribute to it. Some of the factors discussed include inflation, aging buildings, increased maintenance costs, and reserve fund contributions. The author also explains that condo boards need to be transparent about fee increases and communicate effectively with residents to avoid conflicts. Overall, the blog post aims to provide insight into the complex issue of condo fees and educate readers about the various factors that can influence them.

Keywords: 

condo fees, inflation, aging buildings, maintenance costs, reserve fund, transparency, communication.

Source Citation: 
Sarah McKenzie
The Rise of Condo Fees (And The Factors That Cause Them To Increase)
November 17, 2022
https://cdcpro.ca/the-rise-of-condo-fees-and-the-factors-that-cause-them-to-increase/
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