Posted in affluent Naples Florida Facebook group.

[markodochartaigh]

4. The last couple of years have brought

unforeseen HOA increases in Florida as HOA's have to remodel to comply with insurance and state regulations which were ignored for years. Also HOA corruption is frequently in the news here. Insurance, when you can get it, has also doubled, tripled, quadrupled, or more, partly due to anthropogenic climate change worries and partly due to Florida's rank as number one, by far, in home insurance fraud.
Topping this off, due to falling real estate prices, many people who bought in the last five years or so may find themselves underwater on their home value. Whether they have a mortgage or not realizing this loss by selling will be painful.