30 Jun Condominiums, HOA, and economies of scale?
So here’s question I have, and perhaps more experienced folks can comment.
I’m wondering if condos benefit from economies of scale?
For this assume there are 15 units.
Say the association wants to replace all of the outdoor decks. They get one contract to do them all. I assume the price of doing that / 15, is less than if each person where to go our and contract someone individually.
Same with landscaping, maintenance etc.
Does anyone else believe this to be the case?