More than 400,000 Queenslanders living in units and townhouses are paying more than | Owners Corporation Network

More than 400,000 Queenslanders living in units and townhouses are paying more than

More than 400,000 Queenslanders living in units and townhouses are paying more than they should because of archaic laws that have been under review for nearly three years. Under proposed changes, body corporates could charge less for administration and even stop people from smoking on their own balcony. Living in close quarters comes at a cost, and the South East's unit saturation means a growing number of residents are footing the bill for often costly body corporate fees. There is 1.1 million people living or owning in Strata, and that makes up a massive voter base. For 20 years, laws governing unit and townhouse complexes have remained relatively unchanged. Changes to Body Corporate Governance Issues are currently being reviewed. Among the proposals - allowing 75% of unit owners to decide if a building is to be sold or not. Currently all owners need to agree. The current laws also make it difficult to regulate short term rentals through Airbnb.