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Across Florida, aging condo buildings are facing rising expenses and millions of dollars in structural repairs to comply with new regulations following the collapse of the Champlain Towers ...
Here’s why some experts believe in the long-term approach over short-term rental platforms. For the full picture, find out some reasons Airbnbs can be better than long-term rentals .
At the peak of the real estate boom, many beachfront properties had quadrupled or more in value since 2000. In November 2006 CNN/Money named Panama City Beach the No. 1 real estate market in America for the next five years in. [8] Beachfront property has sold for upwards of $60,000 per "front foot" (linear foot) at the top of the market.
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
On June 24, 2021, at approximately 1:22 a.m. EDT, [a] Champlain Towers South, a 12-story beachfront condominium in the Miami suburb of Surfside, Florida, United States, partially collapsed, causing the deaths of 98 people. [9] Four people were rescued from the rubble, but one died of injuries shortly after arriving at the hospital. [10]
Florida’s long-term economic growth depends on embracing Live Local Act | Opinion. Anthony De Yurre. September 22, 2024 at 2:12 AM. Florida’s economic future is under threat from a severe ...
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