Deferred Maintenance Dilemma: Why Florida’s Condo Market Is Floundering
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Struggles in Florida's Condo Market
This chapter examines the fallout from new regulations in Florida's condo market following a tragic building collapse, highlighting the mounting financial pressures on condo owners. It discusses the challenges of deferred maintenance, increasing insurance costs, and the psychological dynamics of living in communal spaces. The conversation underscores broader infrastructure neglect trends across the nation, reflecting the precarious situation faced by many homeowners in similar contexts.
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