To get free roofing estimate for condo buildings, industrial buildings, commercial buildings, apartment buildings, hospital buildings, warehouses, parking buildings, really any type of structure in Florida CLICK HERE: www.spfsystemsinc.com/
I pray to God every day. Years ago, when people were overpaying, I got rid of my Miami Beach condo. I was sad then, but now I realize I am so glad I do not have to put up with the insurance issues, HOA fees, assessments, emergency assessments, etc.
I was a Snowbird for years but now I think I'll just stay home and enjoy my paid off home and watch my bank account grow. No more Florida, too screwed up now unless you are Ultra Rich.
Can someone help me understand why the “Condo Crisis” would be primarily only a Florida thing? Is it higher odds of hurricane damage? Is it Florida’s condo association reserve cash regulations were so different (until recently)? Is it that Florida condos had higher price increases in 2020-2022, so they now have more to fall? Or is this condo crisis simply hitting Florida first, and will soon be everywhere?
Because you had legions of boomers that were going to stick the bag to the next guy. Up North most these condos are much better run and understand the maintenace costs (which is why COAs are so high in places like Chicago and NY)
Give it a few generations and the poor working class will be living in the cold places, and the rich will have the warmth and weather all to themselves.
It is the middle class condo buildings that will financially swallow their owners. Yes, Wall Street crooks with money to burn will sail along smoothly and condos for those people will be fine, but the middle class ones? BUYER BEWARE!! I'm speaking as a former board president for a 400-unit high rise in Aventura. Even if you get the thing for FREE, it will bleed you. If you BUY it, you will come to realize you DIDN'T BUY ANYTHING. Older condos are no longer viable housing instruments for the middle class. I sold mine in January and am very relieved to be out of that mess. I would not recommend such a purchase to anyone but a Wall Street crook in the money-is-no-object class.
I feel for those on fixed income because COLA and other retirement plans were never able to keep up with inflation. We could easily say that they should have planned for this but it would be so unfair. All we could do is pray and have those living comfortably in front of those microphones in "Dee See" would care and do something. To do the right thing. Many hearts shattered.
imo...the "condo crisis" is only as bad as the "condo board"...My condo board and humble condo passed ALL "inspections" and we're sitting fine! I do feel bad for those who have a crappy condo board...as for the "elbow room" ...it got the "kick start" from the movie: Where the boys are with connie francis! ;) BTW ... nice hair cut! :)
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
To get free roofing estimate for condo buildings, industrial buildings, commercial buildings, apartment buildings, hospital buildings, warehouses, parking buildings, really any type of structure in Florida CLICK HERE: www.spfsystemsinc.com/
I pray to God every day. Years ago, when people were overpaying, I got rid of my Miami Beach condo.
I was sad then, but now I realize I am so glad I do not have to put up with the insurance issues, HOA fees, assessments, emergency assessments, etc.
I was a Snowbird for years but now I think I'll just stay home and enjoy my paid off home and watch my bank account grow. No more Florida, too screwed up now unless you are Ultra Rich.
What wrong with being Ultra rich?
your voice sounds like Tim Allen's voice (he was on the Home Improvement TV show)
one long commercial for a roofing business
srsly
Can someone help me understand why the “Condo Crisis” would be primarily only a Florida thing? Is it higher odds of hurricane damage? Is it Florida’s condo association reserve cash regulations were so different (until recently)? Is it that Florida condos had higher price increases in 2020-2022, so they now have more to fall?
Or is this condo crisis simply hitting Florida first, and will soon be everywhere?
Because you had legions of boomers that were going to stick the bag to the next guy. Up North most these condos are much better run and understand the maintenace costs (which is why COAs are so high in places like Chicago and NY)
It has a lot to do with the Condo that collapsed a few years ago.
Because trump live in Florida
Condos aren't damaged in hurricanes. They have heavy-duty hurricane proof glass, steel beams, and concrete to keep them safe and secure
Cause con-doughs are the new cheap trailer parks...Run by the Mafia, good ole boys network, Karens, Kens and the cartels
.
Harbor beach is the only place to live in Lauderdale
Give it a few generations and the poor working class will be living in the cold places, and the rich will have the warmth and weather all to themselves.
Why don't they rent the condos?
To expensive to hot
Buy a condo next to a storm surge zone.
Great idea.
I thought you moved out of Florida
It is the middle class condo buildings that will financially swallow their owners. Yes, Wall Street crooks with money to burn will sail along smoothly and condos for those people will be fine, but the middle class ones? BUYER BEWARE!! I'm speaking as a former board president for a 400-unit high rise in Aventura. Even if you get the thing for FREE, it will bleed you. If you BUY it, you will come to realize you DIDN'T BUY ANYTHING.
Older condos are no longer viable housing instruments for the middle class. I sold mine in January and am very relieved to be out of that mess. I would not recommend such a purchase to anyone but a Wall Street crook in the money-is-no-object class.
I feel for those on fixed income because COLA and other retirement plans were never able to keep up with inflation. We could easily say that they should have planned for this but it would be so unfair. All we could do is pray and have those living comfortably in front of those microphones in "Dee See" would care and do something. To do the right thing. Many hearts shattered.
Noooo
Leave the government out
Even Las Olas is dying. Check out the "restaurant row". Like 20 restaurants are vacant since 2022.
It’s definitely not what it used to be.
imo...the "condo crisis" is only as bad as the "condo board"...My condo board and humble condo passed ALL "inspections" and we're sitting fine! I do feel bad for those who have a crappy condo board...as for the "elbow room" ...it got the "kick start" from the movie: Where the boys are with connie francis! ;) BTW ... nice hair cut! :)
The spells are working!!😂
Las Olas? Looks familiar. My friend invested in a high-rise in Ft Lauderdale. Her dream home. I wonder if she's regretting that purchase now.
I wonder if RUclipsrs take a big line and just start talking about nothing 😅😅😅😅
Where's all this money coming from?????????
There's something really wrong with this world...
GREAT opportunity to rent from these people to help pay their new higher prices...
Back in Fort Liquordale!!
Roof index? Very scientific crisis remediation.
Ticking Time Bomb?