Reply to Is living in a condo considered a failure?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No, plenty of our well off Alexandria friends are downsizing to condos in the DC area as we become empty nesters and near retirement. Condos are great for those starting out and those who don’t want the hassles of home ownership at retirement. [/quote]

Yes, flushing $3k 4k 5k 6k down the drain in rent every month until you croak is so wise. Avoiding all those "hassles" and making corporate landlords filthy rich. :roll: [/quote]

What rent? You buy a condo just like you buy a house. The monthly fee is for utilities, pool, cleaners, landscaping, emergency fund, etc[/quote]

The fastest growing sector of "condos" are build-to-RENT by corporate landlord developers. It's a massive racket and frankly all of those parasites should be denied zoning.[/quote]

I have owned two condos and one was in a building that didn’t permit tenants. Owner occupied only. The other is over 90% owner occupied.

You can ask the condo board about their policies with renters.[/quote]

Same here. Our board is extremely strict about rentals, and even in a large high rise building we've got a really tight community of awesome neighbors. I grew up in a big house on a really big estate and there's no way I wanted to have all of that management/upkeep for myself. I could have a house if I wanted to, but prefer the ease and comfort of an extremely low-maintenance and low-stress home. Don't let others' snobbery trick you into believing that they are actually somehow better than you. You only get one life - live it for yourself, not to impress the jerks.[/quote]

Look how status obsessed you and PP reveal yourself to be, making it known you live in a "good" upper rung condo free of rental proles. :roll: But then you condo dwellers get triggered when folks who can afford a superior SFH look down on you. Pretty funny.[/quote]

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