(Miami, FL) — Florida’s new condo inspection laws enacted after the Surfside condo collapse are impacting apartment renters as evictions soar.
The strict condo safety measures are threatening affordable housing across Florida with the lower income areas being hit the hardest, according to World Matrix.
There are nearly a half-million renter households in the Palm Beach, Broward and Miami-Dade counties paying $1500 a month on average.
In the past year, eviction filings exceeded 11,500 up 5% and spiking 11% above average in the past month.
“With landlords choosing to sell or redevelop older buildings, affordable rental units are disappearing, contributing to an already dire housing shortage in the state,” according to Eviction Lab.
“Renters who cannot afford the rising costs are left with few options, deepening the housing crisis.”