Condo Maintenance increase

2-10% is not a shocking annual increase depending upon what has been going on other years. If no increases for some years, then expect a larger on. If the building held off on increases for soaring labor and fuel costs hoping they would come back down and is now facing reality, then 8% doesn't sound unreasonable.

You know what is happening at the fuel pump. The same is happening with home heating prices. And sky rocketing medical insurance costs make labor more expensive among other things.

Bottom line: not only is 8% within the reasonable range, but brace yourself for similar increases in each of the years to come in the near future.