Comments on: Why I Bought A Condo

By: My Home Lost 18.6% Of Its Value In 2008 - Amateur Asset Allocator

My Home Lost 18.6% Of Its Value In 2008 - Amateur Asset Allocator — Mon, 22 Jun 2009 11:03:09 +0000

[...] a pretty bad year for me, financially. First I lost my job and now I’ve come to find out my condo lost approximately 18.6% of its value in 2008. Generally, I completely ignore price fluctuations [...]

By: Big Winner

Big Winner — Sat, 23 Aug 2008 03:52:54 +0000

Buying a condo is definitely tempting me. There are condos for $60,000 where I live, compared to $100,000 or more for townhouses.

By: Kyle

Kyle — Thu, 21 Aug 2008 19:07:58 +0000

Yeah the commute was what did it for me. And that’s 15 minutes on a BAD day. Usually it’s less.

By: Curt

Curt — Thu, 21 Aug 2008 19:04:35 +0000

You sold me on the 15 minute commute. I would probably make the save decision given your situation. A few years ago, I friend of mine bought a nice home with 10 acres out of town. But, now he is trapped with a long commute and falling home prices and increasing gas prices. I’m glad I didn’t make the move he did.

By: Andys

Andys — Tue, 19 Aug 2008 17:06:30 +0000

Great rebuttal to the flexo’s post. Like you, I enjoy the convinence of living in a condo. It far outweighs the negatives. But this is an individual decision based on needs and finances.