Staggering warning that Florida condo crisis could trigger 'next wave of homeless people'
A Florida lawmaker is warning that the condo crisis in the state could trigger the 'next wave of homeless people.' Mike Caruso, a member of the Florida House of Representatives, said rising condo fees would hit elderly residents on a fixed income the hardest. In the aftermath of the deadly Surfside condo collapse in 2021, Governor Ron DeSantis passed new safety laws. These required condo associations to have sufficient reserves to cover major repairs, and to conduct a survey of these reserves every decade.
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