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What If All Condos Turned Into Apartments


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2011 Dec 7, 4:50am   4,108 views  5 comments

by John Bailo   ➕follow (0)   💰tip   ignore  

Thought experiment:

What if all the unsold condos in the world turned into apartments, rented by the month?

What if even sold condos reverted (where there were more than 75 percent unsold units)?

What would the effect be on the housing market in general?

#housing

Comments 1 - 5 of 5        Search these comments

1   lurking   2011 Dec 7, 5:06am  

What if, what if's seems to be the flavor of what many posters on pat.net want to know or what they post about...... IF my Aunt had balls she'd be my Uncle. What if's are such a waste of time.

2   everything   2011 Dec 8, 2:58am  

Condo is just a glorified apartment anyways, you are renting, via your HOA dues.

3   cksv   2011 Dec 8, 10:09am  

Condo values would skyrocket.

4   JodyChunder   2011 Dec 15, 5:29pm  

everything says

Condo is just a glorified apartment anyways, you are renting, via your HOA dues.

boy you can say the same dam thing about you taxes.

5   mdovell   2011 Dec 15, 9:25pm  

I have heard about it but generally I've heard it is expensive. You also have to anticipate for more parking, more wiring etc. Not all condos are easy to get to. Those by public transport should be worth it though.

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