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Permanut

(5,719 posts)

5. That's the saddest story I've ever heard.

Reply to BlueWaveNeverEnd (Original post)

Mon Apr 29, 2024, 01:56 AM

Apr 29

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Condo owners lose 30% of value, views and sunlight when developer builds 7 story condos in front of property [View all] BlueWaveNeverEnd Apr 29 OP

I think their lawsuit might have fared better before the new condos were built. LonePirate Apr 29 #1

Man that s*cks! LeftInTX Apr 29 #2

it does. They probably assumed that the club house, tennis courts were permanent amenities for their area BlueWaveNeverEnd Apr 29 #3

Market value is what you can sell it for Old Crank Apr 29 #16

It is not a shame? SWBTATTReg Apr 29 #4

That's the saddest story I've ever heard. Permanut Apr 29 #5

I know. Tears your heart out. Buns_of_Fire Apr 29 #7

Not as sad as that one that collapsed a few years back. brush Apr 29 #13

They'll all be underwater in 15 years and looking back with nostalgia meadowlander Apr 29 #15

Yep. People keep forgetting, the planet won't. Earthrise Apr 29 #22

Maybe not underwater in 15 but Brenda Apr 29 #23

He's 93. In 15 years, he'll be 108 years old. He could be alive but sadly unlikely. jimfields33 Apr 29 #25

It was my first thought when reading this is occurring in Miami True Dough Apr 29 #30

Adding to Traildogbob Apr 29 #36

I hearken back to Planet of the Apes True Dough Apr 29 #37

yup. Just rent. ZonkerHarris Apr 29 #50

Easements aren't just about access, people. flvegan Apr 29 #6

A similar thing happened in our neighborhood DFW Apr 29 #8

Our daughter and her husband bought a house in the Riverside neighborhood of Austin last year LeftInTX Apr 29 #9

People cannot imagine how screwed up these mini mcmansions are. They have driven a large amount of middle ... marble falls Apr 29 #33

This is one thing the market cannot correct on its own Johnny2X2X Apr 29 #34

Exactly right. Their response: "But controlling market prices by fixing supply is socialist!!!" marble falls Apr 29 #47

We're in Dripping Springs. The amount of development is insane. bluesbassman Apr 29 #38

I'm in San Antonio. The water situation is not good. LeftInTX Apr 29 #42

It's all up and down the I35 corridor from Waco to San Antonio. bluesbassman Apr 29 #43

It takes 17 acres per person to recharge the Balcones aquafer most of us around here get out our water ... marble falls Apr 29 #48

it happens all over southern California. not just loss of sunlight but loss of privacy BlueWaveNeverEnd Apr 29 #10

In Sunnyvale Old Crank Apr 29 #12

sounds like heaven BlueWaveNeverEnd Apr 29 #45

It is good in some ways. Old Crank Apr 30 #53

It is still rare where we are DFW Apr 29 #28

Sometime back Sunnyvale required Old Crank Apr 29 #11

I wonder if they were given the option to buy the property. Old Crank Apr 29 #14

I think the round shape is more restricting. Sounds like they were duped. LeftInTX Apr 29 #17

interesting...if the property had been properly "subdivided" the condo owners would be better off BlueWaveNeverEnd Apr 29 #19

It sounds like a real mess Old Crank Apr 29 #21

the view you posted shows that the island condos blocked the full ocean view from the homes on land BlueWaveNeverEnd Apr 29 #46

I'm sure the owners with views (building 1 facing forward, building 3 facing the other way) paid higher prices BlueWaveNeverEnd Apr 29 #18

Lesson here: You don't control property that you don't own. Chainfire Apr 29 #20

don't buy a house on leased land pstokely Apr 29 #24

Too bad for those wealthy assholes. These are the same jerks who block public access to beaches. I have ... marble falls Apr 29 #26

I'd bet a sack of fiddlehead ferns the developer is a Republican BoRaGard Apr 29 #27

Poor millionaires. Next thing you know there will be pleas on MSNBC between the St. Jude's Vinca Apr 29 #29

Tough XanaDUer2 Apr 29 #31

That new building is quite ugly. Looks very discordant. David__77 Apr 29 #32

Rich people problems.... Happy Hoosier Apr 29 #35

Exactly what I was about to write. honest.abe Apr 29 #44

when the big wind from Africa comes onethatcares Apr 29 #39

War between the super affluent and the mega rich!!! harumph Apr 29 #40

This is happening in cities as condos move into old residential neighborhoods Chakaconcarne Apr 29 #41

I was worried about my neighbors ripcord Apr 29 #49

This is what speculation in property is about. In some future another developer will shit on the owners of ... marble falls Apr 29 #51

Don't think views are guaranteed, although might have a case for misrepresentation. Silent Type Apr 29 #52

Awww... JoseBalow Apr 30 #54

Oh no! In Too Deep Apr 30 #55

lol... I did notice that the three older building blocked the ocean view from the houses on the shore BlueWaveNeverEnd Apr 30 #56