Wow … another year starts and there’s only 364 days left before it’s over. And, it’s also the start of another decade.
So, it’s a great year for new beginnings, changes and milestones.
What will happen in strata in Australia ? Who knows … but here are ten of my predictions (some more obvious than others) -
- We’ll certainly have a new government in NSW and probably get a new Federal government too
- Interest rates will rise some more this year
- The property market will get worse during the year before it starts to pick up again
- Property developers will get very active again in 2011
- There’ll be even more demands on managers (and others) by strata owners
- Prices for all services in strata will come under further pressure .. so strata management fees will not rise (again)
- Governments will continue to increase regulations and restrictions on managers, committees, developers and lawyers in strata
- Some managers will get bigger by acquisitions and interstate expansion
- More small manager (micro strata management companies) will keep popping up in every state
- I might do something interesting and innovative in the strata-sphere
Let’s make the year memorable by doing the things we’ve been putting off, or are a bit hard or that just haven’t been done before.
After all … how can anything new be worse than the old stuff that’s been done for years (or decades) and all the routine stuff being done in the strata space at the moment?
See you at the launch of your new thing (and loving it!).
Francesco …
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