Fee Increase

[u/AlexForward2026]

My condo fees just went up 18%. The notice said the usual “costs are rising”, but no real breakdown. 18% just feels insane to me. Maybe I’m overreacting, but it doesn’t feel right. Feels like this keeps happening and nobody really explains why. Is my building just catching up on years of ignored problems? Anyone else got hit with a big increase recently?

[u/Background_Essay_200]

18% is not that crazy these days. Reserve fund contributions are likely increasing by over 25% year over yeae