Learn about the significant financial impact of special levies on condo and strata owners, and discover how billions of dollars in unfunded capital projects affect communities. By the end of this video, you'll know how to predict upcoming special levies, understand practical strategies to prepare for major expenses, and explore the tools and funding options available to help you manage these costly assessments.Thomas Beattie, CEO and co-founder of OctoAI, takes a deep dive on the topic of special levies (aka special assessments). He shares the surprising data on what may transpire over the next decade, based on what his team has learned processing thousands of forecasts. We cover:
- What special levies are
- The Eli Report approach to special levy forecasts
- Shocking projections for BC strata owners
- What to do if you see a special levy coming
- Where we go from here
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