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Posted on 08/09/2024 6:57:44 AM PDT by Red Badger
Back in the late 70’s when I lived in Margate, there was a huge building boom. They overbuilt (probably with cocaine money being laundered), to the extent that they were offering six months free rent to long term lease signers.
I wonder how many of these condos were built by mafia and cartel owned companies that used substandard materials and bribed inspectors to look the other way?.....................
Back in the late 70’s when I lived in Margate, there was a huge building boom. They overbuilt (probably with cocaine money being laundered), to the extent that they were offering six months free rent to long term lease signers.
I wonder how many of these condos were built by mafia and cartel owned companies that used substandard materials and bribed inspectors to look the other way?.....................
“Of course it’s a real problem. It’s just not a problem that every.single.condo has.”
If not every condo has a problem there is still the necessity to inspect and find the ones that do.
And later reinspect the ones that did not show problems earlier.
When Miami noted many hundreds of condo buildings having similar HOA management issues around the same lack of critical repairs, I figured we would be seeing a few more of these spectacular building collapses, in the coming years.
When residents refuse to maintain buildings against corrosive influx and repair such damage, get ready for what comes.
I have to admit, the stories occupants and of those who barely got away, were remarkable to hear, and the stuff of nightmares.
You just don’t think something so “solid” can instantly crumble—but it can.
Here is how a condo association typically works:
1. Nobody wants to spend any money on the common elements.
2. When something inevitably goes wrong, everyone suddenly gets outraged and points fingers at the "negligent" condo board for failing to make repairs.
Yes and it’s collapsing in a faster and faster snowball..............
“Choose your poison. Die in a building collapse or pay up”
Option 3......just dont live there. 🤷
As the crow flies I live 5 miles from the beach and I’m fine.
Maybe renting an apartment or house is a better idea.
There is currently rebar approved for marine applications; coated or stainless. More expensive for sure.
That’s what I was thinking of. Coated with evil plastic and made with evil carbon......................
As a general matter, regulation like this is necessary. Could it have been drafted in a less overbearing way? I don’t know. Does it disproportionately affect the people who own the condos now? Yes. But any legislation always is going to do that. Perhaps there could be a phase-in period to make it less impactful immediately, but if this truly is a safety issue, then it probably can’t.
I’ve had plenty of experience with HOAs and condo associations. Issue #1 is that no one wants to pay fees to build up reserves for long term repairs. They see a pot of money and want to reduce fees or spend it immediately rather than build up hundreds of thousands or a million dollars of reserves for things like this. If its done over time, there is no big negative impact. But unfortunately, no one wants that.
not unlike the symbiotic leech-host relationship.
Who do you think you are, bringing engineering rationality to the thread?
Is Florida actually considered a ‘Southern’ state??? I always considered it to be lower New York.
Depends where you’re at in FL. N. FL and the Panhandle are definitely Southern.
Strangely when they didn't market it they couldn't sell it and abandoned the product that solved a real problem. People that actually got some to use liked it even at the higher cost.
Don't ever let anyone tell you that big companies don't make bad decisions.
https://www.aist.org/gerdau-ameristeel-launches-rebar-corrosion-technology
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The same sort of thing happens in local governments.
They cheaped out for years on maintenance and now the bill is coming due. Boo hoo.
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