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sop

(14,086 posts)
2. This Herald story underscores the reasons people ignored dire warnings for years.
Sat Jul 3, 2021, 07:47 AM
Jul 2021

Last edited Sat Jul 3, 2021, 08:43 AM - Edit history (1)

Every owner in the collapsed building had a vested interest in maintaining the facade (pardon the pun) that everything was fine. Had the facts been made public when they first discovered structural issues, no one in that building could have given away their unit. Most owners don't want to know problems exist because their investments are at stake.

Over the last three years real estate prices in South Florida have been skyrocketing, particularly waterfront condos. The Herald should find out how many owners in the collapsed building sold their units following the 2018 engineering reports, and if real estate agents disclosed the known structural issues to the buyers, as is required by law.

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