Seniors in Florida Are ‘Terrified’ That The Condo Crisis May Leave Them Without Housing

Residential Condominium in Surfside, FL – Courtesy: Shutterstock – Image by Blueee77 A South Florida realtor told Newsweek that the soaring expenses of homeowners association (HOA) dues and property insurance are putting so much pressure on seniors in the Sunshine State that many are at risk of going without housing. According to the Miami Herald,

The inflation crisis in Florida is getting out of hand

Man viewing receipts in supermarket and tracking prices during inflation – Courtesy: Shutterstock – Image by Denys Kurbatov The consumer price index (CPI) increased unexpectedly by 3.5 percent in March compared to the same month last year, shattering expectations that the Federal Reserve would lower interest rates any time soon. This suggests that inflation may