I think most of us tends to be selfish by nature. Self preservation is ingrained in our DNA. I see it often and recently, I get to see it again in my neighbors.
Our condominium association has a policy that only 4 units can be rented out at a time. This is to preserve the value of our condo. Since the collapse of the real estate market, selling a condominium becomes less of a good idea. Most people want to rent their condo unit as a source of income instead of selling it at a lost. So many of my neighbors wanted to rent their units and we reached a max of 4 renters in our condo. As a board member, I came up with a plan to make it fair for every owners when it comes to getting a chance to rent their unit. The association board members came up with a revolving door policy to allow others to rent their unit by bumping out one current renter at a time in a rotation basis. When this was introduced during our association meeting, there was opposition from the 4 current renters naturally. So they were given a chance to tell us how they can make it fair for everybody who want to rent their unit also. None of them was able to come up with a solution to make it fair. They basically just defended their position and their source of income. It boiled down to them just being OK with the current situation being unfair to other owners who want to rent as long as they get to keep their unit rented out. None of them has the intention to sell their unit anytime soon cause they had it made with their steady source of renter income. They don't care that they are being unfair. Selfish selfish selfish!
Friday, November 23, 2012
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