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>Can't see why a condo inherently should appreciate less than a house? People shop for monthly payment and not for the sticker price. On a condo the payment in
by pandaman 5y ago
>Can't see why a condo inherently should appreciate less than a house?
People shop for monthly payment and not for the sticker price. On a condo the payment includes the HOA fee so for the same monthly payment you can get a more expensive house than a condo. As the property grows older and becomes more expensive to maintain, the HOA fees raise to reflect this and that reflects on the appreciation speed too.