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Condos have all the downsides of apartments and home ownership combined. They're the trolley of homes. Where the trolley has the downsides of the train and the
by dec0dedab0de 5y ago
Condos have all the downsides of apartments and home ownership combined. They're the trolley of homes. Where the trolley has the downsides of the train and the bus combined.
With a condo I pay to own it, but also pay a monthly HOA fee forever, and I can only do approved modifications, but I'm also responsible for anything that breaks.
If I own property I should be allowed to install a giant mailbox on a whim, or break a whole in the wall because I dreamt there was treasure in it.
If I have to pay monthly and follow someone else's rules, I shouldn't have to finance and organize maintenance on my own.
As for the trolley analogy, it gives up the capacity of the train, but can't drive around an accident like a bus.
- sofixa 5y ago> As for the trolley analogy, it gives up the capacity of the train, but can't drive around an accident like a bus. A trolley(bus) is just a bus with overhead wires for electricity. It's more eco-friendly and cheaper than buses ( in the long term), and it requires drastically less infrastructure than trams or other forms of rail because there's no rails to build and maintain. Oh and it's close to silent. Said in another way, it's useful in certain scenarios where you don't need the capacity of a tram or heavier method of transportation but still don't want to pollute/depend on fossil fuels. Battery-powered buses are starting to change that equation but i have no idea which one is more interesting ( in price vs flexibility ( the batteries need to be charged, and replaced after some time; overhead wires need little maintenance)).
- Gigachad 5y agoIt’s all the benefits of living in an a great area at a low cost without the negatives of renting. You don’t have some asshole coming in to inspect every x weeks and complaining that the stove is slightly blackened. Don’t have to worry about having to move if you don’t want to, can hang pictures / TVs, get to put your monthly payments in to an asset rather than someone else’s profit, etc.