In this episode, we delve into the escalating crisis facing Florida’s condominium market. The recent @nypost article, “Inside Florida’s Brewing Condo Crisis as Property Values Drop in Once-Coveted Retirement Haven,” highlights the financial strain on condo owners due to mandatory structural repairs and soaring special assessments.
Simultaneously, the @MiamiHerald has scrutinized Florida’s post-Surfside legislation, noting that while it aims to enhance building safety, it has inadvertently led to increased fees and potential foreclosures for condo owners, while benefiting developers.
Join us as we unpack these developments!
S3E7
0:00 Start
3:57 NY Post and Miami Herald article discussion
Sources:
https://nypost.com/2025/03/01/real-estate/inside-floridas-brewing-condo-crisis/
https://www.miamiherald.com/news/politics-government/state-politics/article301170789.html
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