Where did condo fees come from?

Most people think that condo fees are a relatively new idea. I thought so as well, but I just finished taking a Commercial Real Estate course in Calgary and the instructor said that the Greeks actually invented condo fees as early as the 1300’s. They lived communally and shared the expenses of common areas, water systems, etc.
I guess the system must’ve worked well because it’s been in practice for hundreds and hundreds of years. It’s really nice to share the big expenses with your neighbours.
Condo fees can be a great idea. Might be time to check one out!
#TeamKander
#WeHaveCondos
#ItsAGreekIdea
#ShareTheCost
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