What happens to Miami RE when a major hurricane hits?
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Date: August 17th, 2025 2:52 PM Author: fragrant plaza foreskin
https://www.sun-sentinel.com/2025/08/16/riding-out-a-category-5-hurricane-in-a-high-rise-should-you-stay-or-go/
Sounds like there would be water leaks in most Apts, i.e. risk of mold makes it tainted to anyone looking to buy beachfront. Then even "light damage" to the building itself would cause major assessments for repairs which would completely ruin finances+insurance. So even a newly built luxury high rise would be unsellable. So my miami re is a much more risky asset than qqq or even bitcoin.
(http://www.autoadmit.com/thread.php?thread_id=5763343&forum_id=2Reputation#49192142) |
Date: August 17th, 2025 3:18 PM Author: Sexy gaming laptop
Condos are generally a shitty investment everywhere.
People who bought homes in Florida and not in an HOA have seen their values increase.
(http://www.autoadmit.com/thread.php?thread_id=5763343&forum_id=2Reputation#49192219) |
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