A slow change to the condo HOA rules vs drastic changes requiring unnecessary constant engineering inspections. Get rich quick for engineering companies. Our HOA went from $1230/mo to $2865/mo. Crazy.
Florida's harsh environment of heat, rain and wind ensures that condo buildings deteriorate at a very rapid pace. It's even harsher along the coast with the salt air. Most owners can't (or won't) pay what it costs to keep these building in tip top shape.
You nailed it! Property isn’t cheap to keep, and now all of these boards have gotten caught with their pants down. I guess it was easier than pissing off the residents by raising the HOA fees to cover actual cost. Pay now or pay later.
Yes, someone will come to help you...when you pay that assessment. That is how the world works. You need people to do stuff for you, and you must pay them to do it. When my house needs repair, I don't get any grant money from the state.
What are condo owners going to do in five or ten years when the buildings need more repairs and maintenance? These 30+ year-old buildings are maintenance nightmares. Major repairs, special assessments, and increasing HOA dues will be never-ending. Best to sell out the entire building now to a developer.
Condo owners should just sell and live like the rest of us that rent. They refused to pay for maintenance for 30 years. Condo prices need to come down. These folks likely have hundreds of thousands of dollars in equity in their properties, don't free too sorry for them.
I'm in a condo for 32 years in another state, left Florida after hurricane Andrew. My HOA is $225 a month. Florida has many water and weather challenges which should be no surprise to these women. They weren't kidnapped and forced to live here, they made a choice and now want others to pay their bills for them.
This was an effect of a bill that was not thought through. You are also making assumptions on widows and retirees that have nothing to do with the crisis that the legislature started.
These people refuse to pay the maintenance needed for condos in Florida. Insurance should be high and HOA fees should be high. These people shouldn't get assistance but should be made to pay for the maintenance that they refused to pay for decades.
Maybe not to you. I live where people come from all over the world to vacation. One thing is for sure if you want to live in Florida you have to have a lot of money.
I have exactly zero sympathy for the condo owners who have been negligent for decades. Those high HOA fees are because they chose to neglect routine maintenance on their homes for decades. Now all of a sudden they’re being required to pay to fix their roofs and keep their buildings from falling down due to a lack of maintenance. A lack of planning on their part is not an emergency on my part. If those condo owners would have funded their reserves all along they’d be fine. They’re in this situation because they said, “I’m going to let the next owner deal with the leaking roof. I’m not paying to fix it.” every single year for decades!
I can’t afford to live in FL. So maybe it’s time to move where you can afford to live. It’s called being a responsible adult and making wise financial moves. Don’t buy condos if you can’t afford to pay HOA fees. Anybody that’s complaining should have been more thoughtful about their finances.
Had they raised the HOA fees yearly instead of keeping them low and under funding the HOA reserves they would not have to pay anything today. There fees are doubling because they are finally having to pay catch up for years of poor management and not raising fees. In Florida they should force HOA to raise fees annually at least with inflation to stop this happening in the future. The reason they are hurting is not the government (who is trying to insure the safety of its residents) . Its the poor management of the HOA themselves.
The condo residents/owners voted for deferred maintenance for years. Boomers love to blame everyone but themselves. They want to leave their burdens for their children. Smh.
You can buy an abandoned home in Sardinia for one dollar if you are willing to move to Italy. Don't ask the poor guy working minimum wage and living in his car to fund your waterfront condo. Thats beyond insane, its pure evil.
what kind of question is that? The owners association was supposed to maintain the building but owners voted against spending the money. Do not tax the poor to fix rich guys' condos. The stupidity of some comments explains the country's problems.
I left Florida after hurricane Andrew and moved to Sedona, Az. My HOA here is $225 now after being here 32 years. Florida has so many water and weather related challenges. I've never been in a bad storm since leaving there.
The news stations are the real heroes here, bringing attention and light to the issues Floridian homeowners and renters are facing in this state where every insurance company and HOA have become predators. Who suffers? The very retirees who came to this state or live in this state for an affordable life.
Really my home insurance went down so my mortgage went down by $72 a month this year. Maybe it's where they live or what kind of home they live in is their problem. I'm not having a problem at all. Even my car insurance went down and I'm older and retired.
More time means kicking the can down the road. Too many HOAs have insufficient reserves. FL coastal environment is brutal on structures necessitating more upkeep.
That's your opinion. I have lived in other countries and many other states in Florida is paradise. It is Paradise where I live I love my home I love the area I live in I have no problems here I am very very grateful. And no HOA and no stupid condo. I own a nice older large home with property and a big fence. And I just go 5 minutes away to go out and play on the river and 20 minutes to work so no issue for me. Or my spouse or my children.
So it's subsidy that has to be constantly replenished. Not all condos "kicked the can down the road" but why wasn't the new state law written in a way that grandfathered in the well run condos to begin with?
my question is if insurance companies are dropping homeowners how do those homeowners sell the house then if there isn’t no insurance company willing to insure
It just seems like they expected a huge amount of changes, in a very short time. Changes were needed and reserves did have to be mandated and written in stone. However, this was a drastic evolvement, for which few could have been prepared. Are corporations expecting to get buildings dirt cheap???
Never ever in all my decades of living in Florida have I ever even thought of living in a condo. The idea of paying for a condo and for people to tell me how to live and people all around me drives me crazy. I don't live in an HOA in my neighborhood either. I love the freedom. And I love saving the money. And I never thought any condo living was pretty. It's like staying in a freaking hotel or an apartment. Yuck.
Yes, but seniors never seem to mind socialism when it arrives in their bank account the 3rd of every month or when they only have to pay a few grand for a lifesaving medical procedure that costs six digits.
You pay association fees, each and every month for maintenance and then funds are allocated for such things as roofing and balconies… Where are the funds… Make sure special assessment fees are in your association rules .. Bylaws, etc.
What a fiasco. HOAs need to be restricted and allow for more traditional non-HOA communities. People should have a choice and not be forced by developers and legislators who have not done their jobs to live in HOA communities.
Florida use to live off of the backs of Seniors being a low tax state with no income tax. Seniors paying property tax on their home or condo subsidize the local schools. Seniors need only services like fire and police, roads and parks. The Seniors will leave and have to go back for affordable housing in the rust belt or northeast. If you think we have a traffic problem now in Florida, just wait when everybody has to go to work in the morning.
Maybe the governor and state legislation should spend more money on assisting floridians with daily needs instead of shipping immgrants from state to state or spending on expensive TV media $ to put the states thumbs on the scales of constitutional amendments items on election ballots.
Why aren’t condo boards to blame? They are the responsible parties who have avoided continuing maintenance and not funding reserves. “Everyone doing it, so it must be OK, right?” No, it wasn’t and it’s time to pay the piper.
They're screwed, the Governor could care less, or he would have already done something to help. This is what you voted for. Fascism - money talks anything else walks.
It's not the governor's problem it's the people's problem. He's wonderful and you're just plain jealous why don't you just shut up and go do something you're interested in.
@poollife777 I held a career in a federal government position for decades, you obviously don't know what you're talking about. Why don't you stop telling other people how to live their life. ✌️🇺🇸
More Boomers crying. These same people would just step right over you if you were laying on the sidewalk. they would never give you a bed to sleep in. My retirement! my Paradise! But I don't want to pay to live on the ocean!
You can't even spell properly because you think you're cool but you're not. If you don't like Florida then why are you watching something on Florida don't you have a life nope you don't.
For years HOA's have refused to maintain their buildings to keep their monthly fees low. What the hell did you expect?
Right but wrong at the same time.
Boomers passing their problems on to the younger generation kind of like congress
A slow change to the condo HOA rules vs drastic changes requiring unnecessary constant engineering inspections. Get rich quick for engineering companies. Our HOA went from $1230/mo to $2865/mo. Crazy.
When I couldn’t afford my house I had to move out or sell. People are so entitled. I guess they’re not as rich as they thought.
why shouldnt they? when usa govt help banks trillions
@@jibberjabber-fm6pbno they need to get out
Florida's harsh environment of heat, rain and wind ensures that condo buildings deteriorate at a very rapid pace. It's even harsher along the coast with the salt air. Most owners can't (or won't) pay what it costs to keep these building in tip top shape.
You nailed it! Property isn’t cheap to keep, and now all of these boards have gotten caught with their pants down. I guess it was easier than pissing off the residents by raising the HOA fees to cover actual cost. Pay now or pay later.
You’re low IQ
The writings on the wall Florida is no longer going to be home to old retirees living on fixed incomes.
Florida is for the young, the rich, and the work from anywhere generation. Beach day is every day but you need to have money.
That was the plan.
Yes, someone will come to help you...when you pay that assessment. That is how the world works. You need people to do stuff for you, and you must pay them to do it. When my house needs repair, I don't get any grant money from the state.
Right on man! I would never ask the state to tax the poor bastard serving my McDonalds and living in his car to pay for repairs on a home I neglected.
Yes, why do they feel so entitled for others to pay their bills? They chose to live there.
Very well said!!!
But they're widows and wamanz. We all need to pay to save them. Not burning their bra's now 😂
Enough of the bail outs. They should have been maintained by associations
What are condo owners going to do in five or ten years when the buildings need more repairs and maintenance? These 30+ year-old buildings are maintenance nightmares. Major repairs, special assessments, and increasing HOA dues will be never-ending. Best to sell out the entire building now to a developer.
Condo owners should just sell and live like the rest of us that rent. They refused to pay for maintenance for 30 years. Condo prices need to come down. These folks likely have hundreds of thousands of dollars in equity in their properties, don't free too sorry for them.
Got that right!
Oof! Andy, you're a bitter, jealous man. Seek help.
these are people of modest means. i dont see them having large savings
I'm in a condo for 32 years in another state, left Florida after hurricane Andrew. My HOA is $225 a month. Florida has many water and weather challenges which should be no surprise to these women. They weren't kidnapped and forced to live here, they made a choice and now want others to pay their bills for them.
This was an effect of a bill that was not thought through. You are also making assumptions on widows and retirees that have nothing to do with the crisis that the legislature started.
These people refuse to pay the maintenance needed for condos in Florida. Insurance should be high and HOA fees should be high. These people shouldn't get assistance but should be made to pay for the maintenance that they refused to pay for decades.
Agree. It is not my problem if somebody wants to live there……
People work their own lives. Now, they are too old, and they can’t get help needed. This is the most scariest thing imaginable.
Nuclear war is scarier to me.
@@schawnettarobinson8584 They made poor decisions
@ Worked: 50 years vs 1 bad decision doesn’t equate.
Working 50 years alone..doesn't equate to be wise...alone.
@ It doesn’t. People are working, and they are ended up screwed.
So Florida residents are now going to bailout condo owners who voted against doing repairs.
Not everyone lives in a trophy home. It's sad to see everyone paying a high price to subsidize the luxury units.
the level of lawmaker incompetence is staggering. wow.
So the state wants to give grants for a self inflicted wound. This was not well thought out bill.
Socialist Red Florida. Pay your own bills.
Thoughts and prayers
Why do they call Florida paradise? It is so crowded and stick hot --that is not paradise
Because November to April is a paradise. The rest of the year is crap.
It was never a place meant for caucasians. It's meant for dark skinned heat loving people
It's fun when you boat,fish, dive and surf.
Maybe not to you. I live where people come from all over the world to vacation. One thing is for sure if you want to live in Florida you have to have a lot of money.
@@robertmanley2687 Yes but year round working and driving there is a hot mess :)
So these people never thought that they would one day have to pay for upkeep or roofs.
I have exactly zero sympathy for the condo owners who have been negligent for decades. Those high HOA fees are because they chose to neglect routine maintenance on their homes for decades. Now all of a sudden they’re being required to pay to fix their roofs and keep their buildings from falling down due to a lack of maintenance.
A lack of planning on their part is not an emergency on my part. If those condo owners would have funded their reserves all along they’d be fine. They’re in this situation because they said, “I’m going to let the next owner deal with the leaking roof. I’m not paying to fix it.” every single year for decades!
That new state law was poorly written the first time around. It put all condos into 1 bucket regardless of their overall structural condition.
I can’t afford to live in FL. So maybe it’s time to move where you can afford to live. It’s called being a responsible adult and making wise financial moves. Don’t buy condos if you can’t afford to pay HOA fees. Anybody that’s complaining should have been more thoughtful about their finances.
it's like they are wanting caretakers. A bizarre sense of entitlement to other people's money to bail them out. pack their bags and move.
Had they raised the HOA fees yearly instead of keeping them low and under funding the HOA reserves they would not have to pay anything today. There fees are doubling because they are finally having to pay catch up for years of poor management and not raising fees. In Florida they should force HOA to raise fees annually at least with inflation to stop this happening in the future. The reason they are hurting is not the government (who is trying to insure the safety of its residents) . Its the poor management of the HOA themselves.
The condo residents/owners voted for deferred maintenance for years. Boomers love to blame everyone but themselves. They want to leave their burdens for their children. Smh.
What about the rest of Florida who have home insurance and taxes go up every year?! What will they do when the grant money runs out?
Move to Iowa or Nebraska 🌽
You can buy an abandoned home in Sardinia for one dollar if you are willing to move to Italy. Don't ask the poor guy working minimum wage and living in his car to fund your waterfront condo. Thats beyond insane, its pure evil.
Then WHO keeps the buildings up to date??
what kind of question is that? The owners association was supposed to maintain the building but owners voted against spending the money. Do not tax the poor to fix rich guys' condos. The stupidity of some comments explains the country's problems.
This isn’t just a condo issue or a senior issue. It’s a state crisis and it’s becoming criminal.
The HOA boards are the criminals here.
How is it the state's fault these boomers voted for deferred maintenance of their condo's for decades??? Lol
I left Florida after hurricane Andrew and moved to Sedona, Az. My HOA here is $225 now after being here 32 years. Florida has so many water and weather related challenges. I've never been in a bad storm since leaving there.
Who cares.
Save money on your HOA fee and use it to buy a flight out of Florida
The news stations are the real heroes here, bringing attention and light to the issues Floridian homeowners and renters are facing in this state where every insurance company and HOA have become predators. Who suffers? The very retirees who came to this state or live in this state for an affordable life.
What is wrong with you? Tax the poor to do maintenance on some rich guy's waterfront condo? Thats horrible!
Really my home insurance went down so my mortgage went down by $72 a month this year. Maybe it's where they live or what kind of home they live in is their problem. I'm not having a problem at all. Even my car insurance went down and I'm older and retired.
More time means kicking the can down the road. Too many HOAs have insufficient reserves. FL coastal environment is brutal on structures necessitating more upkeep.
it is not paradise and never has been. i first came in 1968 and it was quaint. that was long ago and it isn't quaint anymore.
That's your opinion. I have lived in other countries and many other states in Florida is paradise. It is Paradise where I live I love my home I love the area I live in I have no problems here I am very very grateful. And no HOA and no stupid condo. I own a nice older large home with property and a big fence. And I just go 5 minutes away to go out and play on the river and 20 minutes to work so no issue for me. Or my spouse or my children.
@@poollife777It is a humid rank bug and alligator cesspool . But glad you like that type of living.
So it's subsidy that has to be constantly replenished. Not all condos "kicked the can down the road" but why wasn't the new state law written in a way that grandfathered in the well run condos to begin with?
Majority of these people are snowbirds. The HOA’s screwed people by not keeping up on repairs. Beyond me why anyone would want to live in a HOA.
Don't be fooled. They voted for deferred maintenance for decades. It's time to pay the piper lol
my question is if insurance companies are dropping homeowners how do those homeowners sell the house then if there isn’t no insurance company willing to insure
So everyone in Florida gets to pay for these condos?
Yes congratulations Florida taxpayers. You get to bail out these condo owners.
Better than giving it to other countries.
The state sucks all around at this point.
This state is wonderful we don't care about stupid condo people.
It just seems like they expected a huge amount of changes, in a very short time. Changes were needed and reserves did have to be mandated and written in stone. However, this was a drastic evolvement, for which few could have been prepared. Are corporations expecting to get buildings dirt cheap???
Never ever in all my decades of living in Florida have I ever even thought of living in a condo. The idea of paying for a condo and for people to tell me how to live and people all around me drives me crazy. I don't live in an HOA in my neighborhood either. I love the freedom. And I love saving the money. And I never thought any condo living was pretty. It's like staying in a freaking hotel or an apartment. Yuck.
Isn’t that “socialism”?
Yes, but seniors never seem to mind socialism when it arrives in their bank account the 3rd of every month or when they only have to pay a few grand for a lifesaving medical procedure that costs six digits.
Is what socialism?
Yes it is.
You pay association fees, each and every month for maintenance and then funds are allocated for such things as roofing and balconies…
Where are the funds…
Make sure special assessment fees are in your association rules ..
Bylaws, etc.
$ used for "beautification projects" and new pickleball courts instead of necessary infrastructure repairs.
Why would somebody step in ?
Your better rent invest your money into t bonds and cds
No more condos, no more townhouses, no more HOA's. You own a house or nothing. Problem solved.
Why did not these people move last year?
Where have the condo fees been going??
Everybody wants small government until they have a problem, then they want big government.
Don't wait to the governor
A grant provided for condos is absolute bullshit
Joke of a program!!!
They definitely need to do something
Price of Paradise heckkk
What a fiasco. HOAs need to be restricted and allow for more traditional non-HOA communities. People should have a choice and not be forced by developers and legislators who have not done their jobs to live in HOA communities.
Florida use to live off of the backs of Seniors being a low tax state with no income tax. Seniors paying property tax on their home or condo subsidize the local schools. Seniors need only services like fire and police, roads and parks. The Seniors will leave and have to go back for affordable housing in the rust belt or northeast. If you think we have a traffic problem now in Florida, just wait when everybody has to go to work in the morning.
Maybe the governor and state legislation should spend more money on assisting floridians with daily needs instead of shipping immgrants from state to state or spending on expensive TV media $ to put the states thumbs on the scales of constitutional amendments items on election ballots.
400to$900.
YOU KNO, JUST A THOUGHT. BUT WHY DON'T U GET OUT? THIS JUST TOLD ME UR GIVING IN AND LETTING THEM TAKE YOUR MONEY FOOLS!!
Too many people in government are doing common cire math. 😢
Actually they are not spending the money correctly. It’s not a math problem is a stealing problem.
@Dohair879 you are right...my dry humor.
Paradise my arse!!!!
Im tired of this how much more money will the elderly steal from the future of gen z, millennials & alpha?
Its called getting pushed out! They have dozen of developers taking the land owners out to plush weekend trips to push you poorer squatters out. 😂
Yankees go home!
I blame Tallahassee. They've ignored the issue for decades at this point.
Why aren’t condo boards to blame? They are the responsible parties who have avoided continuing maintenance and not funding reserves. “Everyone doing it, so it must be OK, right?”
No, it wasn’t and it’s time to pay the piper.
They're screwed, the Governor could care less, or he would have already done something to help. This is what you voted for. Fascism - money talks anything else walks.
How would you advise the Governor?
It's not the governor's problem it's the people's problem. He's wonderful and you're just plain jealous why don't you just shut up and go do something you're interested in.
@poollife777 I held a career in a federal government position for decades, you obviously don't know what you're talking about. Why don't you stop telling other people how to live their life. ✌️🇺🇸
More Boomers crying. These same people would just step right over you if you were laying on the sidewalk. they would never give you a bed to sleep in. My retirement! my Paradise! But I don't want to pay to live on the ocean!
Nor would they support any type of student loan help. Total hypocrites.
Then shut up and don't why are you even listening to this? Just so you can run your mouth and feel miserable?
Florida sux
You can't even spell properly because you think you're cool but you're not. If you don't like Florida then why are you watching something on Florida don't you have a life nope you don't.
@poollife777 Florida sux. U proved it