Quote:
Originally Posted by donk.
Find a bare bones building, no pool, no gym, none of that shit. People love paying an extra 100-300$ for all the amenities, and then end up using them once a year. Throwing 2-4k away for years on a one bed....
Go to the pool for 8$, and get a gym membership for 30$ the two months you actually go.....
If you sell make sure to buy that car you wanted  |
I would disagree with this statement that your fees all go to these flashy amenities.
Generally the bulk of your strata fees are paying for amenities people don't actually notice but arguably enjoy/use everyday. Dive into the line items for your strata's budget, largest item is byfar insurance, this can be 1/3 of the budget. Other large items will general items to run and maintain the building, elevators, cleaners, trash compactor/collection, building management, caretakers, maintaining HVAC repairs, landscaping, and general repairs and maintenance.
If you think about it, it costs next to nothing to maintain the gym, just cleaning which is attached to your building cleaning and maintaining the pool.
That being said, paying strata fees suck and they do feel high, but most people don't think about all those items the fees are paying for and only think it goes to the front of mind "Amenities"