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Rubble at the Champlain Towers South Condo in Surfside, Fla., on June 25, 2021.
Purchasing a condo can be a more affordable route to homeownership compared to buying a traditional single-family home. The median condo price is still under $300,000 in most major cities, Zoocasa ...
Kelli Roiter, a condo owner in one of the few residential buildings designed in 1971 by architect Morris Lapidus, looks out her balcony at other waterfront high-rise buildings, Thursday, Dec. 5 ...
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold. There is usually no requirement for the owner(s) to live in the condo.
In 1923, an amusement park was built at Walnut Beach by the Whitham brothers. A dance hall and a boxing arena drew thousands in the summer. [1] In 1938, a hurricane destroyed many of the rides. The park continued into the 1940s and was refurbished in the 1950s by Frank and Les Smith. [2] Subsequent redevelopment brought an end to the park. [1]
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