WEST PALM BEACH —
Jimmy Patronis, Florida's Chief Financial Officer, was at
WPTV on Thursday afternoon to talk with us about the state's
condo crisis.
Condos are now
buckling under the weight of rising insurance after new laws
were implemented following the Surfside tragedy in 2021.
A looming deadline this year for assessments has forced many
owners to sell their homes.
We asked him if he would support lawmakers convening before
the end of the year to help with the problem. It's something
Gov. Ron DeSantis hinted at during a roundtable discussion
this week in South Florida.
"I think a special session might work," Patronis said. "Just
the sheer number of condominiums in Florida we have, it's a
massive liability, not just for the condominiums but
stability in the housing market." |
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Jimmy Patronis, Florida's Chief Financial Officer,
was at WPTV on Thursday afternoon to talk with us about the state's
condo crisis.
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