PGH-RealEstate

PGH-RealEstate t1_j3wgyo2 wrote

Just to add a little color to the OP's likely situation. Following the surfside condo tower collapse that killed 98 people in 2021, Florida passed strict condo maintenance and inspection requirement to counter the decades of deferred maintenance on many buildings that kept condo fees low. Condo associations are having to substantially raise these fees, so the days of being able to afford to live in a high-rise condo on a low-fixed income are over.

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PGH-RealEstate t1_iwir2y9 wrote

The people involved in these shootings often don't actually know how to shoot, which is bad for any person or property around them.

I know of an office (not downtown) that has temporarily gone fully remote because of gun violence. The tenants aren't worried about being assaulted, but rather getting caught in the crossfire, or having a bullet come through their windows. It's messed up.

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PGH-RealEstate t1_iug1s2e wrote

People are still sitting on mountains of high value cash, but the risk appetite is super low at the moment. Add that to financials finally catching up the tech that all of this capital was funding and here we are.

And let’s be honest, vertical farming is far less efficient than just actual farming in a country with nearly unlimited arable soil.

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