Sometimes, a hot new story will cross our desks that we need to talk about right away. That's where Upzoned comes in. Join Strong Towns President Chuck Marohn, Carlee Alm-LaBar, Norm Van Eeden Petersman, and other guests to talk in depth about one big story from the week in the Strong Towns conversation, right when you want it: now.
Episodes
Nov 6, 2024
Nov 6, 2024
58 min
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).
1 years ago
What is deferred maintenance????