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

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  • čas přidán 14. 11. 2022
  • “The days of grandma and grandpa, who are solely on social security, coming to Florida and thinking that they're going move into a condominium, that's gone forever,” says Florida condo lawyer Eric Glazer.
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Komentáře • 86

  • @LMays-cu2hp
    @LMays-cu2hp Před rokem +1

    Thank you for sharing.

  • @alvaro0317
    @alvaro0317 Před rokem +15

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

    • @ahanna4396
      @ahanna4396 Před rokem +2

      What are you talking about, they do get prosecuted. You really need to stay current with the current events.

    • @SeattlePioneer
      @SeattlePioneer Před 4 měsíci +2

      The most common problems is not condo boards stealing money but cheap condo owners refusing to pay for critically needed repairs.

    • @reginafisher9919
      @reginafisher9919 Před 3 dny

      Exactly this is crazy

  • @hondamoto-rb6bk
    @hondamoto-rb6bk Před rokem +9

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

  • @KurilianCanine-rx2tf
    @KurilianCanine-rx2tf Před měsícem +1

    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

  • @MS-ty8eq
    @MS-ty8eq Před rokem +4

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

  • @jameshisself9324
    @jameshisself9324 Před rokem +12

    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.

    • @Patrick_Ross
      @Patrick_Ross Před rokem +2

      The chickens have come home to roost. Any condo owner in Florida with half a brain has already sold and moved to another state.

    • @freetheworld12
      @freetheworld12 Před 5 měsíci

      they are really socking it to condo owners , that's so bad

    • @reginafisher9919
      @reginafisher9919 Před 3 dny

      It's been over for 20 years

  • @reginafisher9919
    @reginafisher9919 Před 3 dny +1

    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!!!

  • @ZMAN_420
    @ZMAN_420 Před rokem +13

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

    • @talk3194
      @talk3194 Před rokem +3

      Sea Salt actually. It’s not rocket science.

    • @ZMAN_420
      @ZMAN_420 Před rokem +3

      @@talk3194 Yea no sht. But who lets salt just corrode the sht out of the building? Where the buildings build correctly to code in a salt water, hurricane proned area? Thats what state inspectors are for.

    • @talk3194
      @talk3194 Před rokem

      @@ZMAN_420 My Grandma could tell you that any building over 30 to 40 years old built by the ocean is corroded and structurally unsound. These buildings are not repairable. That is why the drug cartel and mafia are going to swoop in and buy them up and tear them all down.

    • @talk3194
      @talk3194 Před rokem +1

      @@ZMAN_420 You have to look at geography. Florida is basically a swamp. And yes, Florida’s politicians are just as swampy.

    • @jameswaters5638
      @jameswaters5638 Před rokem +4

      didn't have anything to do with corruption. just gross negligence on the part of condo board.

  • @RoyalKennedy601
    @RoyalKennedy601 Před rokem +1

    Sometimes crooked board members padding prices getting kickbacks

    • @SeattlePioneer
      @SeattlePioneer Před 4 měsíci +1

      Are you attending board meeting and asking about bidding procedures and bids?
      Or just doing nothing, giving officers the opportunity to abuse the trust given to them?

  • @christinajohnson3378
    @christinajohnson3378 Před rokem +7

    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.

    • @BeantownToBigD
      @BeantownToBigD Před rokem +7

      The video begins by stating it's an issue of deferred repairs. Residents vote for/hire condo board members who then defer major expenses to keep a lid on fees/dues.

    • @jameshisself9324
      @jameshisself9324 Před rokem

      The people who designed and built it are all dead. No jail time from the cemetery.

    • @Patrick_Ross
      @Patrick_Ross Před rokem +3

      @@BeantownToBigD - not any longer. Florida HOAs must be fully funded starting in 2025. They’d better get off the stick and start raising the monies needed.

    • @SeattlePioneer
      @SeattlePioneer Před 4 měsíci +1

      If you are a condo owner, you can probably find the culprit by looking in the mirror.
      Many condo owners vote for board members who wont raise condo fees to fund needed repairs, so the repairs aren't done.

  • @alwedworth
    @alwedworth Před rokem

    Too funny!

  • @user-tq2uv6cc6k
    @user-tq2uv6cc6k Před 4 měsíci

    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.

  • @Steeeve_
    @Steeeve_ Před 3 měsíci

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

  • @mphil3051
    @mphil3051 Před 6 měsíci

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

  • @katarinaroufka5342
    @katarinaroufka5342 Před 20 dny

    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.

    • @pbwmanagement
      @pbwmanagement Před 16 dny

      Unfortunately, this is America, Money, followed by greed, with corruption thrown in equals speedy and often shoddy construction.
      Also note that building structures with 100 year life span does not keep people gainfully employed.
      For sure we can build quality, just the money men insisting that we don't.
      Knowledge gained from 40 years project managing tall buildings across North America, my advice, stay away from HOA's and condo's

  • @kitcoffey7194
    @kitcoffey7194 Před rokem +18

    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.

    • @Erosis
      @Erosis Před rokem +3

      Unfortunately, there's little money in developing low-income housing. Developers don't care about the homeless.

    • @theobserver9131
      @theobserver9131 Před rokem +4

      Speaking of climate extremes, Florida is going under. Buying property in Florida is the definition of stupid.

    • @tchakaowen-realestate6604
      @tchakaowen-realestate6604 Před rokem

      @@theobserver9131 think through that a bit.....

    • @fixitright9709
      @fixitright9709 Před rokem

      @@Erosis well some money will be better than no money, or they can join the homeless camps.

  • @DavidPerez-oj2dv
    @DavidPerez-oj2dv Před 2 měsíci

    FUNNY BUILDINGS IN NY ARE OVER 150 YEARS OLD

  • @MexiMelt1988
    @MexiMelt1988 Před rokem +2

    rewives bethenny

  • @MichaelBrown-ny3et
    @MichaelBrown-ny3et Před 4 měsíci

    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.

  • @kitcoffey7194
    @kitcoffey7194 Před rokem +10

    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.

    • @paulathepoodlelover
      @paulathepoodlelover Před rokem

      Unfortunately, those who build on the sand are vastly different than those who build on bedrock. Therefore, a "national plan" as you suggest really doesn't work.

    • @mencken8
      @mencken8 Před rokem +1

      Yes, get in the line of thousands of people who want ‘X’ to be a Constitutional right, but don’t have a single clue as to how those things would be funded…..

  • @Overit1975
    @Overit1975 Před rokem +5

    FLORIDA is a hot mess.

  • @aidasoto2936
    @aidasoto2936 Před rokem +1

    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".

  • @oogabooga7882
    @oogabooga7882 Před rokem +2

    us looters is squatters👍
    car jack the neighbors😂

  • @abyssmol
    @abyssmol Před měsícem

    That was the plan all along- gentrification...

  • @celestialtl
    @celestialtl Před 3 měsíci

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

  • @greenspointtx5656
    @greenspointtx5656 Před rokem +3

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

  • @gl241
    @gl241 Před rokem +4

    They chose to live in Florida, their problem.

  • @RoryL83
    @RoryL83 Před rokem +3

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