The horrific collapse of a 12-story beachfront condominium building in Florida consisting of 136 units has resulted in 16 people being killed and another 149 still missing. While it will take some time to determine the cause of the collapse, suspicions are focused on problems with the foundations or that the salty air caused the steel used in the framework to corrode. A letter written by the president of the condominium association three months before the collapse said that the building needed $15 million in major maintenance and repairs.
There is another identical building just one block away that was built by the same company at the same time forty years ago and now those residents have to make the decision as to whether to stay or leave. This is not an easy decision and would depend on many factors. These units are expensive but their value would have dropped now and some people may not be able to sell and find another place. It would also depend on whether they lived alone (in which case they would only be risking their own demise) or whether they lived with loved ones which might tilt the decision towards moving. It would also depend upon age. Older people find it harder to move and may also feel that they have less to lose by staying.
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