[quote=AN][quote=flu][quote=FlyerInHi]I just saw a 2000sf condo. That would be fine for a family.
Why is a house a necessity if you have kids? I’m enjoying condo living and never want a house again.
I wish they’d build more condos. Mid to high rises over 4 stories so they are solid concrete and steel. I think in Irvine and Carmel Valley, the Asians and tech workers would buy them up like hot cakes.[/quote]
Buying a 2000 sqft attached home in a given area might not me that much more affordable than an sfh. It depends on what the hoa will be. For example, if a condos hoa ends up being $400/month, that would be equivalent to borrowing more on a 30year with monthly payments being $400 more.[/quote]
Also, mortgage payment will end, while HOA will not.[/quote]
IMO a condo has to be much cheaper or it does not make sense (unless there is something special about it like an ocean view etc..).
and it’s better suited for single people (like I said, I have never known a married couple who owned/lived in a condo and were happy about it).
