4 ms·

Condos are not advantageous to the owner. You're not building equity or able to borrow on the value, just ensure a very slow growth investment at risk of value

by pempem 5y ago

Condos are not advantageous to the owner. You're not building equity or able to borrow on the value, just ensure a very slow growth investment at risk of value destruction at the hands of the condo board.

eloff 5y ago
> You're not building equity or able to borrow on the value. You buy condos, you own them, and you can get a mortgage on them. I think you don't know what a condo is.
- pempem 5y ago
  Maybe not. Thanks Eloff.