Florida condo lawyer on the fate of Florida condos | 60 Minutes 

Don't buy into a condo u have no control over the maintenance aspect ...that's a death sentence

There should be laws against all corrupted condo members whom steal money needed for those repairs

Thank you for sharing.

The sad truth is that the HOA dues will need assessments added that will triple, quadruple their normal fees or probably much higher. That prices many limited income retirees out. The Florida retirement dream is over.

I know my parents aren't living in these timebombs. Good luck to all who do.

Any apartments condos that are made thus large will crumble in a couple of years. The structure is too heavy which can also lead to more problems underground. There is so much waste material from each apartment or condo makes it worse and also the upkeep .they do not inspect these buildings that often

Living by the beach with all that salt water roads the buildings like 10 times as much as anywhere else, you have to be rich to live in a condo and afford, all those fees for the upkeep, they haven't been charging the fees they needed to be charging for the past 30 years that's why people were able to live their cheap now they have to, that's the problem the people prior for the last 30 years haven't been paying enough to cover these problems!!!

Someone should go to jail for this. Retail employees go to jail for injuring someone they caught stealing. Truck drivers go to jail for killing someone if their brakes fail. I just heard of someone going to jail for using sick time when they weren’t sick. Whoever is responsible for this should be no different, they should go to jail. These people know they shouldn’t be building on land that is not meant for building, they are supposed to be professionals and experts at building these structures.

What a disaster? How does this happen? Oh yea corrupt politicians, contractors, building inspectors and so on. SMFH!

Sometimes crooked board members padding prices getting kickbacks

And this is why some people go to other countries and buy condominium. The only thing is very expensive. I hope Americans can do better to take care of the buildings.

I know first hand these condos weren't built to code in the first place. they are unsafe, no amount of assessment fee will change that. as storms increase with frequency and power these buildings will fall like jenga towers.

Too funny!

Will developers who rent out an entire building have to keep the same reserves?

If you have a condo only two stories, especially close to the beach, then your values went up really big.

These buildings are maybe built in verry low quality. In my city Prague (Europe) we have condo in building which is 80 years old we did not need to make repairs. Many buildings have here more than 100 years and they do not need repairs just painting from outside. I can not hear even neibourghs, nothing.

We need more quality, safe affordable housing, NOT luxury housing. These developers better learn what "make it up on volume" means. we're going to have millions of homeless people very soon in this country, we already do, but climate extremes are going to make it far worse. "developers" better learn what "make it up on volume" means.

Unless you’re very wealthy, and have lots of cash for updating, repairs, insane insurance costs, and sky high property taxes, I wouldn’t move to Florida.

rewives bethenny

FUNNY BUILDINGS IN NY ARE OVER 150 YEARS OLD

The rent/mortgage/maintenance is too damn high!! Turns out we actually need national housing codes and building regulations instead of using "regional differences" as an excuse for mediocrity. If something is too important to have to move state lines to get (ie SHELTER), it should be codified across all 50 states. And if you can die from lack of something, like health care or housing, it should be a human right codified in our Constitution.

The people of Florida can sue the government state and all related to the structure, territory of the structure and the lack of maintainance. Additional the negligence and irresponsibility of the profesionals licence, if there is someone without licence or not profesional degree is worst worest nightmare. La excusa y la justificacion para hacer estructuras de cristal y acero no es aceptable. Las vidas son mas importsntrs que las estructuras. Las personas en la florida deben ir demandando al estado y a todo y todos los relacionados. Ya dejaron saber la razon de no protejer y hacer las cosas mal. La gente es primero. La prioridad ahora es ubicar de forma segura a las personas que se quedaron sin hogar, y que esten bien de salud y bien alimentadas e hidratadas y cuidadas no importa la edad es a todos por igual y evacuar a todos inmediatamente. Investigar quienes estan detras de esas viviendas y estructuras de lujo de cristal y acero, eso es al mismo al estado y todo lo relacionado y a todos los relacionados con el asunto de esas estructuras en peligro y las nuevas de lujo. By the way como es que tan rapido aprueban esas leyes en la florida....es impossible Por lo mismo: En el senado o Camara o gobierno local o sea esos legiladores y representantes, tienen licencia o certificados en construccion? Saben de codigos? Se asesoraron con ingenieros y arquitectos? Lo mas importante han tomado decisiones y no escucharon a la gente perjudicada.? Si la mayoria de los perjudicados aceptaron volver por nuevas y lujosas estructuras....puede decir que si, es entendible, pero eso de lujo estaran bien? Otro factor y de donde sale tanto dinero de lujo? Del dinero de quien y quienes? Del dolor y sufrimiento de quien y quienes? Según Santisdemonious , Lei por youtube en algun sitio que quiere poner oaneles solares gratis a las personas a toda estructura, y de donde saldra el dinero de que cuenta de cuales cuentas bancarias? Quienes se perjudican? Para mantener una aparienvia de gobierno incompetente y lleno personas incompetentes, irresponsables y negligentes acabando con el vivir al resto de las personas, del resto de los ciudadanos. The citizens WE THE PEOPLE OF THE UNITED STATES LA GENTE ES PRIMERO EVACUEN LA FLORIDA SI ES NECESARIO. HAY GENTE QUE VAN A PASAR UNAS NAVIDADES ESPERANDO UN ENGAÑO DE PARTE DEL GOBIERNO VIVIR CON LUJO. EL LUJO NO ES PRIORIDAD. SE VIVE CON LO QUE SE PUEDA. SE ESTA ACABANDO EL PETROLEO ESA ES LA REALIDAD INMEDIATA Y NO SE PREPARARON PARA EL CAMBIO. EL MUNDO ESTA PAGANDO POR SUS NEGLIGENCIAS E IRRESPOSABILIDAD. PAREN Y DESISTAN ENTREGUEN EL GOBIERNO NEFASTO DE LA FLORIDA ASI COMO LO DEJARON. SE LO TIENEN QUE ENTREGAR AL PUEBLO. AL PUEBLO "TO THE PEOPLE" TO YHE PEOPLE OF THE UNITED STATES. BUT IF ITS COUNTRY OWN TO SOMEONE ELSE THE SOMEONE ELSE GIVE TO ALL OF YOU THE BREAK, THE CHANCE TO SHOW TO SOMEONE ELSE ALL OF YOU CAN DO IT BETTER, BUT THE REALITY AND THE ANSWERE IS ALL OF YOU DID ALL WRONG... SO THAT SOMEONE ELSE ARE GOING TO CLAIM EVERYTHING BELONGS TO "SOMEONE ELSE" CAN ALL OF YOU GESS? HAPPY HALLOWEEN HAPPY BIRTHDAY HAPPY THANKSGIVING HAPPY HOLLYDAYS HAPPY HAPPY HAPPY 😊 😃 😀 😄 😁 HELLOWWWWWW Bring it all back to the real owner "SOMEONE ELSE" "MOST AND MUST HAVE TO GESS".

FLORIDA is a hot mess.

us looters is squatters👍 car jack the neighbors😂

That was the plan all along- gentrification...

Gotta love US Americans! If the building hasn't imploded then it must still be safe!

Florida Is paradise. Trump will open Lago VISTA for old veterans to live out their final days.

They chose to live in Florida, their problem.

That's a what a state run by DeSantis looks like.