GERMAN JEW Architect of collapsed condo suspended years ago for str
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All on Mon Jul 26 00:17:41 2021
XPost: alt.engineering, soc.culture.usa, talk.politics.misc
XPost: fl.politics
He won't be the only one - and it has zip to do
with his religion. 60s/70s/80s was a HUGE HUGE
real-estate boom. They built 'em as fast and
cheap as possible. Tomorrow ? Who cares, hasn't
happened yet !
Capitalism DOES have some flaws - and this situation
illustrates a few of them. Quick $$$ above and beyond
all else was the mantra.
Hate to say it, but a LOT of those big beachfront
condos and hotels are probably in similarly horrible
condition at this point. We're talking maybe a
TRILLION dollars worth of construction - not to
mention what all the residents paid for their
ocean view. The insurance industry can't cope, not
even close, and even the State can't afford to
pay this tab. So, TOTAL loss.
And what the fuck did Canada have to do with
any of this ? OK, probably SOME gullible
Canadians own US beachside condos ....
Soon to be the next big hole in the ground.
--- SoupGate-Win32 v1.05
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