> Unfortunately condominiums have intractable governance problems https://en.wikipedia.org/wiki/Surfside_condominium_collapse https://en.wikipedia.org/wiki/Surf

> Unfortunately condominiums have intractable governance problems https://en.wikipedia.org/wiki/Surfside_condominium_collapse https://en.wikipedia.org/wiki/Surfside_condominium_collapse > specifically seniors on a "fixed income" will never vote to make capital improvements even if these could save their life. Contrast that to a building owned by someone who owns a lot of buildings and has access to capital who really could finance repairs that keep buildings safe and habitable. It's very similar situations in Poland (most people live in condos they own), and repairs and improvements are done all the time. Perhaps it's just a matter of wealth of the residents.