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I've been thinking about this a lot as someone who recently bought into a condo building. I think SFR neighborhoods do tend to be better on average, than rente
by eldavido 8y ago
I've been thinking about this a lot as someone who recently bought into a condo building.
I think SFR neighborhoods do tend to be better on average, than renter-dominated ones. Alameda (city next to Oakland) is instructive. Walk across the bridge from Oakland to Alameda, it's like you're stepping into a different world: the streets are cleaner, people drive with more civility, it really is noticeably nicer.
Condos are a bit of a wildcard. They can be better in theory but most probably aren't. As someone on my HOA board, I put a lot of time into making sure my condo is a good place to live. (328 units, 1000+ residents). Just yesterday, we invited Monkeybrains over for a chat about getting fiber in the building. We'll do it soon.
I think it's just that the challenges are different. In a SFR neighborhood, you get a lot of very invested people, which is good but also can be bad (NIMBY). Apartments people don't care as much. Condos have "ownership" but also governance problems; they can be the best when run well, but horrible when they aren't, which seems depressingly common