Quote:
Originally Posted by Klazu
I just hope the current spandrel trend would finally pass, but it feels like it has only intensified recently with every new building having spandrel at least somewhere.
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It's our leaky condo crisis V2.0. The point where we are now is basically where the first debacle was in about the early 90's. A few new buildings have already been repaired with more failing on the horizon. However we are doubling down on these problematic window wall and curtain wall designs.
It's not necessarily the system but the higher maintenance associated with it and how many stratas prefer to defer costly repairs. Many owners and investors would plan on selling in the near future so do not see the benefit of huge investment in a fairly new building. It undermines the concept that your home is your best asset.
IMO It's the main problem with buying a unit before the building is built, you have no real guarantee of what exactly the facade will be or the quality of the work or if it has been engineered appropriately for our climate. Buildings used to be made of materials that would last 50+ years without a second thought, now housing takes more of our income than ever yet the quality of the investment is lower than it has ever been.
(noted this is an office building)