Quote:
Originally posted by DeltAlum
I suspect you could say that just about in any major urban area when compared to the cost of housing there.
When I think of condos, I always think of an old joke:
Q: What's the difference between a condo in (fill in the blank) and AIDS.
A: Some day you may be able to get rid of AIDS.
In reality, there are some good things about condos, but you need to take into account any additional fees (maintenance, organization fees, etc.), and always be aware of what the resale market is.
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Right now, the resale market for condos in Boston is better than homes in Mass, I believe. There are places that don't even last a week on the market. I had appointments to see places one day and I would get a call the day before saying it was already off the market. And the prices just keep climbing. Hopefully it'll still be like this when I try to sell.
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