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[quote=Anonymous][quote=Anonymous]Also, the condo units will eventually become blighted properties that drag down the city. Here is a preview of what the condo buildings built before 2010 years will become in the next 20 years. https://www.redfin.com/VA/Falls-Church/600-Roosevelt-Blvd-22044/unit-506/home/12036404 Condos eventually ruin communities because it is almost impossible to redevelop them once they get too old. The HOA shared ownership structure incentivizes deferred maintenance and then the monthlies become so high that the properties become practically worthless over time. [/quote] The one you linked looks like a co-op built in the 1960s, PP.[/quote]
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