I regularly hear about people thinking of selling their Florida real estate due to escalating costs. An aged population increasingly feels the same way, and the weak loonie is a final catalyst for many Canadians. Who will be willing to buy from all those looking to sell?
After the deadly Florida condominium collapse in Surfside back in 2021, state lawmakers required condos that are at least 30 years old to do inspections, make repairs and gather reserve funds for future repairs. CNBC’s Diana Olick joins ‘Squawk Box’ to discuss the impending ‘condo cliff’ in Florida. Here is a direct video link.
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