VREP #257 | Why Owning A Condo Might Get A Lot More Expensive in 2021 with Tony Gioventu
What will happen to B.C. Strata Insurance rates this year and are strata fees set to spike? For these burning questions, there is no one better to talk to than Tony Gioventu, Executive Director of the Condominium Home Owners Association of B.C. We cover the state of condos in the Lower Mainland, from insurance to deferred maintenance, with a focus on the risks to you, the homeowner and investor. Will the strata insurance market stabilize? What are some of the greatest risks coming to stratas? And ultimately, is ownership worth the risk? It's time to cover your asset!