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Reply to "Keep big suburban house or get a condo in city"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The problem with condos are the fees[/quote] That's stupid. If managed well, condo fees just take housing expenses and equalize them so you are aren't stuck with say a $20k roof bill or landscaping etc. The actual problem is a lack of comparable appreciation. [/quote] In a city, they do appreciate. Much different from a condo in the suburbs. [/quote] I own a condo in the city. I love it. I will argue for it a million times. On the other hand, it has not come close to comparable appreciation. Over the past 20 years, it has gone up about 20% but has since gone down at least 10%. In 20 years! [/quote] Guess it depends upon the city [/quote]
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