It's a kind of tragedy of the commons. Few want to -or perhaps cannot easily- afford to invest the necessary amount to prevent deterioration. Even though, on

It's a kind of tragedy of the commons. Few want to -or perhaps cannot easily- afford to invest the necessary amount to prevent deterioration. Even though, on the one hand they are incentivized to maintain the property in order to make it viable, enough want to simply pay as little as possible to patch things up enough to sell before the degradation affects selling price more than the investment in maintenance. Fla it appears has some prescribed inspections at certain ages to ensure the structures remain sound as well as have eliminated some loopholes. Other states and countries have further to go in governing long-term structural soundness of condominium properties.