Comments by "Boyd Gilbreath" (@BoydGilbreath) on "Cities Caught Extracting Millions From Residents Through Fines and Fees Traps" video.
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In Florida home owners insurance companies are being allowed to drop policies on older homes with roofs, electrical systems and plumbing that have not been upgraded to comply with current building codes. This has never been done before. And if all the houses are sold to Blackrock, will they have to bring them up to 2020 standards? I doubt it. The cost of a new roof here in South Florida is at least $20,000 on a small house for a single ply roof. Rewiring the house, with a new electrical box is about $20,000. Every receptacle must be replaced with a special receptacle that is difficult to get, and is mostly distributed to builders who are building new. Houses in Florida are built on a concrete slab, and replacing any plumbing under the slab is not just expensive, but iffy. You could compromise your slab which is your foundation. My roof is fine, goes right through hurricanes because it was applied by professionals with experience and judgement. My plumbing is fine though 60 years old, and my electrical is fine, though it was updated because of renovations some years ago. The electrical box though is outdated, and only used parts are available for it. To get a permit to replace that box means tearing out most of the walls, because you have to have pictures and live inspection of every bit of the work. It would take months. Now it takes months to add a room here, because the local code enforcement will "reach back" into your whole house and make you update certain things in every part of your house. And if you add any roof, your whole roof will need to be inspected and repaired or replaced to come up to modern codes. Again I ask, when the rich and big business own every home, will they have to meet these onerous standards? And if the home will be underwater by 2050, what is the point of any of this.
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