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Reply to "With a 70k salary, should my daughter buy a condo or a house?"
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[quote=Anonymous]My condo for most people in building appreciation is meaningless. I say that as we have a lot of old 30 year plus people going out feet first. Units rent $2,300. Owners pay $350 a month common charges, $35 a month taxes and maybe $50 a month insurance. They save $1,550 a month over renting. A properly bought condo the rents rise but your cost is fixed [/quote]
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