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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Begging and pleading: please stop the "I bought my condo and made a million bucks" posts.  The person who posted it is either dimwitted or a troll.  [/quote]

I don't know.  I bought a tiny 2 bedroom condo in an old building in a good school district 2010 and sold in 2014 for just 8,000 more.   It sucked (we maybe broke even after agent fees IF you include taxes).  In the meantime, everything else in the city increased by 20% a year (not every year, but we saw at least two years of that) and we were completely priced out of any 3 bedroom in Wilson.

NE now, looking at private for hs unless more options come online.

Condos are for suckers.[/quote]

Condos in old buildings with high fees and often limitations on pets, noise (because everyone who lives there is old), deferred maintenance, and renting them out are for suckers--especially if the total amount a buyer would have to pay to live there is similar to what they'd pay to live in a house--Glover Park is a decent example of this.  Condos in neighborhoods that become more popular and don't have much if any fee-simple housing can be a great deal.  My condo, where fees have gone up $1 a month at most for the past few years and has a good reserve, has appreciated about 20% in the past three years, and it would be easy to rent it out for more than we spend on mortgage, fees, taxes, and insurance.  [/quote]

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