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- 1Florida Condo Crisis Could Cost Retiree $3,600 a Month●She'll Retire in Florida With $150,000. Then the State's Condo Crisis Will Hand Her a $3,600-a-Month Job in Her Own Building
A woman planning to retire in Florida with $150,000 in savings could face a $3,600-a-month charge from her own building, a consequence of the state's ongoing condo crisis. Following the 2021 Surfside collapse, Florida mandated strict structural inspections and reserve funding, leaving many condo owners with steep special assessments that upend retirement plans.