Condo Community Planning

May 2019

Condo communities should plan and measure goals over a span of decades.

Short-term planning is difficult and unreliable.  Globally, few predicted major events such as Donald Trump and Brexit.  Likewise, condo communities are unlikely to predict short-term events and outcomes.

While people cannot predict the future, condo living requires that condo communities plan for the future.  Effective planning requires a longer period of time during which unanticipated events tend to balance out.  Reserve fund planning, which requires a minimum 30 year time horizon, is based on this principal.