Join Abby Newsham, Chuck Marohn and occasional surprise guests to talk in depth about one big story from the week in the Strong Towns conversation, right when you want it: now.
Episodes
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
After the collapse of a Florida condo made national news in 2021, new safety regulations were enacted, requiring nearly 90% of Florida units to be updated. This left condo owners and buyers blindsided by a large backlog of deferred maintenance costs with no money saved to pay for them.
In this episode of Upzoned, co-hosts Abby Newsham and Chuck Marohn explain that this situation is an example of the Growth Ponzi Scheme, where maintenance costs are hidden by rapid growth until they eventually come due and bury people or communities in debt. They discuss the effect deferred maintenance has on individuals and communities and explore possible paths forward.
ADDITIONAL SHOW NOTES
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“Why Owning (and Buying) a Florida Condo Has ‘Turned Into a Nightmare’” by Julia Echikson, The New York Times (October 2024).
Comments (1)
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What is deferred maintenance????
Friday Nov 08, 2024
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