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30 million Americans own apartments; 40 million rent them. So yes, buying apartments is absolutely something that happens in the United States, and will happen
by raldi 4y ago
30 million Americans own apartments; 40 million rent them. So yes, buying apartments is absolutely something that happens in the United States, and will happen more if the prices come down.
- unethical_ban 4y agoWhat are you calling an apartment? I know of no one in my life, acquaintance or otherwise, who has equity in a unit of housing in a building with a large number of units. And if someone does, that's typically called a condo, which at least in my 2 million person city is not common compared to houses or rental apartments.
- raldi 4y agoYour anecdotes aside, "About 30 million Americans live in co-owned homes, including 1 in 5 homeowners in metropolitan areas." Source: https://archive.is/eFvQJ https://archive.is/eFvQJ , under the heading, "Condos of all kinds, everywhere"
- unethical_ban 4y agoAh, so "condos". Like I was asking you. Thank you for the source.
- deleted 4y ago[deleted]