madness
Taking my talents to South Beach
Most of those condo owners are retirees who live on a fixed budget or foreigners who don't even in live in America and rent out their unit strictly for profit. None of them are trying to cough up that kind of bread.I saw some of the estimates to fix the condo, I think I read that it would cost about 9 million dollars to fix. If you take the number of units and divide by the 9 million each tenant would need to spend about $69,000 to fix the condo. That's not cheap, my guess was no one probably wanted to spend that much on structural problem.