Saturday, September 13, 2008

Be Careful What You Wish For

Regarding the possibly new "activist" board, it reminds me of the stories my spouse's aunt has told us regarding her experiences.

She is a condominium unit owner. As she tells it, there have been expensive changes wrought at her condominium by a new board that was elected when some unit owner's were "dissatisfied". The result was higher assessments, and it turned out her new board had an agenda to make certain improvements that they felt were necessary, such as new windows on the units. My poor aunt was hit with a large assessment and she was convinced that new windows were not necessary. But that board has had it's way!

Now, we apparently have a group of owners who want to change the board but aren't telling us what they intend to ultimately achieve in doing so.

Look out BLMH! Here comes a new "activist" board that is all about "Change".

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