Thoughts on owning second homes/condos and inflationary costs
Posted By RichC on November 24, 2024
With all the expenses associated with owning a Florida condo these days (HOA monthly dues, large engineering related assessments, increases in insurance and real estate taxes, not to mention normal utilities and repairs) … I’m wondering if being an owner is worth it?
Nevertheless, Brenda and I do enjoy the longer escapes these days as we thankfully have the luxury of semi-retirement to spend more than a week or two at a time … and as the photo above indicates (testing the panorama mode on the iPhone 16 Pro Max) … but we do miss walking the beach when we are back in Ohio.
Good news is that my minor BeachBub umbrella issue has been “hopefully” solved with a package delivered today. Our neighbor has volunteered to receive it and will make sure it stays secure until our next trip. Thank you Kristen!
The next item of business is an HOA meeting via Zoom this week and know the big issue is going to be another $100/month increase in HOA dues AND the already committed engineering repairs that will require a $1017 assessment. I was planning to talk about owners who invite their family member over to use the shared laundry services … and the above excersise room “fire and tripping hazard” of cords. I might just keep my mouth shut???
Oh … the joys of living life in an inflationary time. I only hope that what we have saved can keep up with what we spend as we get older?
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