The Dream of Florida Is Dead: Miami condo collapse is a crisis for the state
slate.com
slate.com
Sprawling suburbs dependent on perpetual growth to fund repairs to their streets & utilities, small economically-contracting towns dependent on highways and bridges that are falling apart, 15,000 "high hazard" dams to maintain: we are going to have to either give up on some of it, or pay for decades of missing upkeep.
some structural declines will take dcades, but id expect this like we now expect more frequent and stronger hurricanes.
even then, the political climate is just toxic by itself
«I can’t overstate how big this wrench that this is throwing into our local and regional and state economy, actually. Condos and the development of condos and the mortgage brokers that help get the financing, the insurers that insure, the realtors who sell, the investors who buy and flip—if Florida has one main driver of industry, this is it. That is what we do.»
«And I mentioned earlier that condo building is our state’s industry. I literally mean that. The state of Florida was basically considered a wasteland until developers figured out that they could sell the dream of Florida. I’m not exaggerating on this. Our economy over history has basically been a pyramid scheme of developers and people marketing the dream of Florida, to come down to Florida, it’s so beautiful, it’s so carefree. Well, now we have something to care about.»
Those are strong words. The headline doesn't seem overstated or a misrepresentation of those opinions.
I hadn’t heard of any New York buildings collapsing so I googled and found one building under construction that collapsed. There was at least one causality, but a much less compelling story overall.
I don’t find myself agreeing with your take that this is partisan media at play. This will likely turn out to be deadliest building collapse America has seen.
It doesn’t seem remotely relevant to what happened in Florida.
So I still fail to see the relevance of the WTC collapse, other than both being catastrophic.
Obviously the WTC has nothing to do with the problem of concrete deterioration, but neither did any of the other big collapses that Surfside is likely to surpass (Pemberton Mill, Knickerbocker Theater, Hyatt Regency, etc). They all had very different causes and different lessons to teach.
I understood “deadliest building collapse America has ever seen” to be context-specific, and I suspect others interpreted it this way as well.
The contention in the article is that Florida's economy is something of a real-estate marketing not-quite-Ponzi scheme centered around selling condos with a carefree lifestyle image, and that this directly impacts that.
While New York real estate is a big deal, I don’t think anyone had any serious argument that those that collapsed (which, unless I’m missing something, were partial collapses of smaller buildings affecting far fewer people than this one collapse, in total) were adversely linked to the core engine of the state or city economy.
> Partisan media is quite extraordinary to watch.
So are partisan efforts to paint unequal treatment of unlike things as partisan.