• "Condo Crash" In Florida - Now Owners FLEEING Dangerous Structures

    From 186283@ud0s4.net@21:1/5 to All on Sat Aug 10 00:55:24 2024
    XPost: talk.politics.misc, alt.politics.usa, alt.fan.rush-limbaugh

    https://www.dailymail.co.uk/news/article-13727519/condo-owners-decrease-new-law-bankrupt-residents-florida.html

    Condo listings in Florida have skyrocketed as desperate
    owners attempt to dodge a costly new law requiring
    increased safety checks.

    The legislation was brought in following the 2021 collapse
    of the Champlain Tower South in Surfside, which killed
    98 people.

    It later emerged that the condo association had postponed
    crucial repairs to avoid increasing costs, prompting
    lawmakers to introduced new regulations which take effect
    at the end of the year.

    As a result, the number of condos on the market has
    soared, especially in southern Florida, prompting
    warnings of a 'mass exodus.'

    . . .

    Those things were slapped up in a BIG hurry in
    the 70s/80s from the Carolinas all the way
    around thru the gulf coast. Lowest bidders,
    'inspectors' got their envelopes of cash,
    pols looked the other way. Beach condos were
    BIG MONEY - FAST.

    Thing is, these condos were cheapo cookie-cutter
    for the most part ... indeed mostly done by the
    exact same contractors. 40+ years in the future ?
    The world won't exist by then !

    The Miami debacle proved the FAILURES involved
    in that building boom. Way too many of those
    buildings are in POOR shape, some maybe in
    pre-DISASTER condition. FIXING an existing
    structure is next to impossible - really gotta
    tear it down and start over.

    Bad concrete - with salty mist penetrating to
    all the steel bits. Photos of the Towers showed
    massive damage to the structural columns - and
    basically they just put plaster over it ... "no
    see, no problem !".

    There OUGHT to be some kinds of MURDER indictments,
    but those In Charge are now either dead or so old
    they're in some 'memory care' facility. Those
    buildings were kinda like putting down land mines
    all along the coast. People WERE/are gonna DIE.

    Apparently OWNERS have now caught on - and are
    trying to DUMP these death-traps before they
    also crumble to dust. Ain't gonna work well ...

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