Quote:
Originally Posted by Hehe
By owning I mean you can have a say about what to do with it.
When a house is old and it makes sense to actually tear it down to build a new one, a house owner can do it to his heart's content.
When a condo is old and it makes sense to actually tear it down, you would have to basically convince every single owner in the strata to agree to do something with it, otherwise it's just continuos repair and more repairs.
In a strata unit, you own the right to live in it and that's about it.
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Exactly. The freedom is what I saw as being the biggest sacrifice. Not just the fees.
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Gold is the money of kings;
Silver is the money of gentlemen;
Barter is the money of peasants;
But debt is the money of slaves.
-Norm Franz
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