Leaky Condo costs have soared past $3 billion, so far

Leaky Condo reconstruction costs have soared past $3 billion so far, and that doesn’t include the indirect societal costs borne by British Columbians that nobody is tracking. Since only about 20 percent of leaky condo owners met the government imposed “means test” of the Homeowner Protection Office loan program, the $670 million in HPO victim … Read more

Insurance companies not honouring warranties…

Insurance companies not honouring new leaky condo warranties: owners Insurers say lack of maintenance by owners is source of some problems CBC – Monday, June 22, 2009 | 9:38 AM PT Thousands of B.C. condominum owners have had to live behind walls of plastic while their leaky buildings were repaired. (CBC) Some owners of recently … Read more

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