On paper perhaps…. In the real world the actual quality of construction in the field seems to be worse than the previous lows in the early 2000’s. The proliferation of fly-by-night trades who can’t read or simply ignore design drawings and the willingness of some generals (who can be just as bad) and some owners to accept them based on price alone is not just disheartening it’s scary.
Municipalities don’t assume responsibility for what they’ve permitted, contract out and shift what staff they manage to keep around like crazy. Most people who have had any experience with them will tell you that home warranty programs are really in place and managed to protect the builders, not the purchasers.
The Condo Act might provide some recourse but it won’t provide for quality and that recourse will be after the fact, expensive and time consuming to pursue.
There have been some high profile disasters in the news recently both large and small demonstrating how most failures end up getting fixed by the owners if it doesn’t bankrupt them first.
