Why is car insurance so expensive? Is it the large number of shysters in Florida?

All these condo boards were following the lead of the politicians in DC. Pass on the problem, spend the money, buy the votes and let the future payers hold the bag.

Pro tip don’t inject your politics and mix it with your business. It’s a turn off. You alienate and Isolate a demographic of people that coukd be your clients

The issue is the increase is SUBSTANTIAL and not sustainable for a person on fixed income. Let’s be honest NOT every retiree has a savings in Florida. It should be against the law as predatory and a crime . Raising it by 500 is criminal

Not in Ponte Vedra Beach- WE have no high rises on the beach

Not just Florida.

This is happening in Jupiter

Really interesting.

His is what I'm saying .. people always want to politicise citiy government for the increases in real estate and rent .. when will people sstop doing that .. and see that it has nothing to do with politics .. its greed from oligarchs

Hate to say it, but today's Americans want to live the good life, but don't want to pay for it. Sorry folks. If you want the good life, get out the checkbook because it costs money.

They got a bit greedy. They just wanted more money !! And have put themselves in a very bad position !

Did any of the Surfside HOA board members get prosecuted for manslaughter of 98 residents because they did not do their due diligence and keep up with maintenance of the building?

Anybody who buys into a HOA is an idiot

with billion dollar equity firms buying up all available real estate, that jack up prices and now DeSantis has taxed $100,000 to condo owners. Billionaires are stealing every penny they can with the help of politicians getting a nice campaign contributions. the 2008 multi-trillion bailout was not enough.

Kicking the can much?

It is so ridiculous to see all these videos about people complaining about condos fees. To me it looks like a lot of people want to own a condo but only have a trailer park budget.

Not kick the bucket, kick the can for the next generation. Kicking the bucket is dying, we can’t do that with a vote

Few if any make reference to the fact that Champlain Towers wasn't even built according to construction code. Was this the case for all buildings?

Good information thanks.

As prices rise for Condos,the Management Companies see an opportunity to steal your equity by increasing fees. You are in the same situation as a Mobile Home owner on leased lots. Pass on Condos!

People need to be mindful that visiting a place on vacation is very different from living in a place. This is true of Florida and any place on Earth you visit on vacation.

Florida’s most perverse Governor, one Gov. DeSantis dictator. Why? Unreal!

I wonder how many videos can be made on this subject; there are a lot of them out there and they all say the same things ..

The great thing about the condo life is that you don't have to worry about kids on your lawn.

Quit blaming the HOA’s , Dam, they are only passing on the costs , mostly insurance!! It’s the government and the insurance companies!!!!

Excellent and straight up honest video Mike!

Great info

DeSantis's legacy of no regulations....You reap what you sow.

So in short, the HOA fees have been too low for decades so that the HOAs couldn’t save enough money in time for future repairs. Now they are panicking and have to increase the fees even more. Well.

Thank you! I got some nice places to visit in the area. The video was very well done!

You are funny and informative. Thx.

There are a lot of condos that have healthy reserves and have maintained their buildings for a long time. Those buildings won’t be impacted as much. It’s going to be the ones that have kick the can down the road.

This happened because our governor Did not have a better plan we should’ve been given more time. There are literally not enough professional engineers, or architects to make this happen for all condos by the end of the year.

HOA fees, parking fees, maintenance fees, and so forth. No Thanks!

Ummm, the Sufside condo collapse occurred in June of 2021, not 2022.

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When signing that you have read the c c and r’s be sure to pay close attention to special assessments.

Very good and honest

Condo sales dropping from from 2621 to 1853 is one hell of a lot more than 9%.

HOA should not have the power to foreclose and auction your house.

People must know assessments mean construction, and there’s nothing worse than having your balcony closed off for a year or more… pool closed etc…not to mention dust and jackhammers going 10 hours a day for 18 months or longer living in the mist of construction a nightmare…!

The COA kicked the can down the road to infinity. I wonder where they learned that.

Don’t buy a dead elephant!

Florida is the worst state to live in. High property taxes, bond taxes, high water rates. Horrible weather 60% of the time. Hurricanes. Hate filled bigoted racists. Plus Horrible high property insurance if u can get it. When ive been to Florida its great in some ways. Good to go once every 15th year.

Condos is the worts choice to set your living quarters. First, they are not worth their price in relation with the cost of construction, and when come the charges, owners get ripped off and are driven to the street.

Dumb Red State held back proper regulations too long.

Things are VERY different in South Florida, today. Insurance, HOA and property taxes will continue to increase, except for insurance, which will end, because of excessive storm losses. Only the rich, who can pay cash for everything, will be able to live in South FL.

Thank you for the facts . . .

If you can't afford other things!

Finally some relief and restraints!!