Deferred Maintenance Dilemma: Why Florida’s Condo Market Is Floundering
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Crisis in Florida's Condo Market
This chapter explores the challenges of deferred maintenance in Florida’s condominium sector, highlighting the financial burdens on aging units and the implications for urban planning. It discusses the trend of developers buying distressed properties, the emotional toll on middle-class owners, and the need for more thoughtful urban development strategies. The dialogue emphasizes the urgent need for reinvestment and reevaluation of market practices in response to changing economic conditions.
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