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In reply to the discussion: Florida Condo owners stuck with homes no one will buy as they wake up to grim repercussions of new laws [View all]popsdenver
(2,398 posts)86. Too late
The wealthy have been gobbling everything up.....Condos, Townhouses, Apartments, and single family residences for more than a decade........And many of the Wealthy and Uber Wealthy are abandoning stocks and other investments to buy the housing along with Land purchases.......
I have wondered if the wealthy pulling out of the stock market is a harbinger of where our economy is headed.....(everyone's investments and retirement funds are invested in the stock market).....One major dip in the market would wipe out an incredible amount of what the middle class owns, and destroy the retirement funds......of tens of millions of retired........AND don't forget the Republicans are trying to destroy SSI also.......and Medicare and Medicaid..........
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Florida Condo owners stuck with homes no one will buy as they wake up to grim repercussions of new laws [View all]
BlueWaveNeverEnd
Yesterday
OP
If minimally adequate safety regulations are ruinous to a property/business situation
RockRaven
Yesterday
#1
"Soaring HOA fees - which averaged $135 per month in 2025." Tell me that's a typo...
PeaceWave
Yesterday
#2
You are correct. The article mentions HOA fees are going up drastically because of the need to fund structural repairs.
John1956PA
Yesterday
#28
I corresponded with a nice lady who bought (for a very reasonable price) a home in Palm Coast during the "trough."
John1956PA
Yesterday
#36
Hoa board members are NOT paid. Fees go to shared expenses like water bill and insurance premium
BlueWaveNeverEnd
Yesterday
#32
yes. power bill for outdoor lighting, repaving of roads, an endless list
BlueWaveNeverEnd
Yesterday
#58
In little ole Montana they are as much as $300 to $600 a month and more for luxury condos.
ratchiweenie
9 hrs ago
#73
Anyone who has ever tubed down the Ichetucknee or bird watched at Myakka or waded the green waters of Longboat Key
lostnfound
Yesterday
#23
Flat. Hot. Bugs. Invasive creepy crawlies everywhere. Brimming with "Florida men" and "Florida women"
paleotn
Yesterday
#14
The laws in Florida that allowed this are pretty unusual. In most states there are pretty strict
Scrivener7
Yesterday
#39
What really gets me here is that no one is sharing any of the responsibilities for this whole mess to begin w/,
SWBTATTReg
Yesterday
#5
Wise words on your part. I am wondering if two friends of mine, originally located here in STLMO, who had
SWBTATTReg
10 hrs ago
#72
It's going to make for a very interesting REO/foreclosure market at some point.
flvegan
Yesterday
#15
Not all Fla condo's have this problem. I live in a well run association in west central Fla. When one goes up for sale
mitch96
Yesterday
#17
Agreed..this situation applies to a certain type of condo in a certain area
BlueWaveNeverEnd
Yesterday
#37
My mother's building in SFLA has been extremely diligent forever about funding their reserves. But, there are buildings
Raftergirl
7 hrs ago
#75
In the next decade the cost of living in FL is going to drive out middle class residents.
flashman13
Yesterday
#43
Haven't almost all apartment complexes been owned by corporations for many years?
MichMan
7 hrs ago
#82