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Originally Posted by Evil Chris
Around here, condos don't appreciate in value like regular homes do.
It's probably like that everywhere, but I may be mistaken. Personally I would never buy a condo for this reason. For most people, their home is their best investment. I don't see a condo as an investment.
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Chris,
Here in BC a fucking shed is appreciating a 20% a yr. LOL
A one bed appt downtown is $400k...
Aeon,
Go for it.
Always cool to own your own place.
Also at Mortgage rates these days , your max payment amount of 2k a mth should get you borrowing power of 350k
