I live in Wakulla, a formerly rural county just below Tallahassee. There’s still an insane amount of residential construction here. I say insane because the finished units are not selling. They’re building about a hundred-unit complex that was planned on being condos at $195k each. They’re about 1600 sq feet with half of the second floor with a 45-degree stairway. Several buildings have been completed and they’re now for lease rather than sale. Evidence indicates not one has been occupied despite three months since the most recent was finished. Still building.
This means those units will eventually be Section 8 housing. They will be a ghetto.
We’ve got 5,000,000+ more illegals we need to house. I am sure we’ll be picking up the tab for them to live in such places.
I see new apartment buildings going up everywhere. It’s one of the few things developers can get financial backing on because our federal government will back them if they commit to “low income” housing. They’ll build nice apartments in nice neighborhoods and then allocate so many as “low income” to get the kickbacks.
Housing all those illegals crossing our
border.
I read this as entire apartment complexes (not individual condos) being sold from one investment company to another. They are called multifamily properties and convey with a single deed. Condos are deeded entirely differently.
Wow. That’s the worst thing I’ve read today. I have my retirement getaway over in gulf County with the hopes of being sequestered from that till I’m gone.
Do you go to county meetings to find out what the plan is?
What town are these in?