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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (76664)	12/9/2024 8:07:40 PM
From: E_K_S	Respond to of 78639

Looks like other fees also going higher; specifically HOA fees Fears real estate crisis is spreading beyond Florida as residents in Western city see condo fees... Homeowners in Bountiful, which is less than half an hour away from Salt Lake City, received a notice that their monthly homeowners association (HOA) fees could soon rise to more than $800. This hike is largely due to an increase in insurance costs, the residents at Orchard Corners Condominiums were told. 'Rising costs of labor, supplies, contracts, utilities, and a significant increase in insurance -from $17,000 to $108,000 - have created financial challenges that require immediate attention,' the HOA notice states. ------------------------------------------------------------------ Here is another article on higher condo Fees in FL Condo owners outraged after being slapped with $21 MILLION fee as Florida housing crisis escalates Condo residents in Florida are in uproar after being served a huge $21 million special assessment bill for repairs - just 16 years after construction. --------------------------------------------------------------------- Maybe it's time to look at Gladstone Land Corp (LAND); 7 year low 4.8% yield and no HOA fees and/or utilities for farmers to worry about; just property taxes