Florida’s real estate market is imploding in 1 very unique way

I don’t know that I could ever live in a condo.

I mean, I do like the idea of not having to dedicate so much of my time toward home maintenance.

House and yard work are activities I absolutely despise.

I watch people in my neighborhood spend entire weekends on their hands and knees obsessing over every tiny little weed on their lawn and I just don’t get it.

My time is valuable in terms of dollars and cents, but also in the sense that we’re only alive for so long — and I have no interest whatsoever in spending my finite time on this planet painting window frames.

So in in that sense, the idea of a condo appeals to me.

But here’s where things go sideways.

I can’t wrap my head around paying:

1. A mortgage
2. Property taxes
3. Expensive condo fees on top of all that

And as condo owners in Florida are finding out, the latter can also cause the value of your investment to implode overnight.

Condo living can simplify your life, but it comes with some sneaky risks. (Licensed under the Unsplash+ License)

Surprise megabills

One time when I was young, we went to visit my uncle in Vancouver, B.C.