The real, ongoing legalised robbery of flat/unit/apartment owners in Victoria, Part II: The Benefit Principle and derelict buildings.

The real, ongoing legalised robbery of flat/unit/apartment owners in Victoria, Part II: The Benefit Principle and derelict buildings.

by tonytran2015 (Melbourne, Australia).

Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic.

(Blog No.2xx).

#parasite, #body corporate, #owners corporation, #robbery, #over-price maintenance, #inefficient repairs,

1. The background

In the 1980, there were many flats/units/apartments built and sold in Melbourne, Australia. People bought them for living in or for investment (renting to someones who want live there). The advantage of living in flats/units/apartments are lower (shared) costs of maintenance of roofs, walls, foundation, common properties and services (water, electrical, telephone). The set (collection) of unit owners in a block or few related blocks is called an Owners Corporation. Its old name was Body Corporate. More details are given in the previous article The real, ongoing legalised robbery of flat/unit/apartment owners in…