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-   -   What an awesome looking condo. (http://archives2.twoplustwo.com/showthread.php?t=297813)

Tyler Durden 07-21-2005 08:28 PM

What an awesome looking condo.
 
Would you buy this place ?

pic

JAA 07-21-2005 08:29 PM

Re: What an awesome looking condo.
 
Id buy it simply for the view.

- Jags

tdarko 07-21-2005 10:14 PM

Re: What an awesome looking condo.
 
just bought it.

JoeU 07-21-2005 11:33 PM

Re: What an awesome looking condo.
 
[ QUOTE ]
Would you buy this place ?

[/ QUOTE ]

No, ummm, nope.


I owned a condo for 6 years, and I now own a house.

There is definitely something to be said for a back yard.

Joe

Peca277 07-22-2005 12:14 AM

Re: What an awesome looking condo.
 
Don't worry, I'm sure in a couple of years it will have been knocked down so they can build a few more $800,000 townhouses on the property.

Rushmore 07-22-2005 12:17 AM

Re: What an awesome looking condo.
 
No, because I'd be worried I'd let the cat out.

jakethebake 07-22-2005 08:17 AM

Re: What an awesome looking condo.
 
[ QUOTE ]
[ QUOTE ]
Would you buy this place ?

[/ QUOTE ]

No, ummm, nope.


I owned a condo for 6 years, and I now own a house.

There is definitely something to be said for a back yard.

Joe

[/ QUOTE ]

If nothing else we can say that a backyard is actually land, whereas a condo is just a depreciating asset.

Wes ManTooth 07-22-2005 09:03 AM

Re: What an awesome looking condo.
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Would you buy this place ?

[/ QUOTE ]

No, ummm, nope.


I owned a condo for 6 years, and I now own a house.

There is definitely something to be said for a back yard.

Joe

[/ QUOTE ]

If nothing else we can say that a backyard is actually land, whereas a condo is just a depreciating asset.

[/ QUOTE ]

depreciate in northern VA, definately not, the market is redonkulous nothing depreciates.

jakethebake 07-22-2005 09:07 AM

Re: What an awesome looking condo.
 
[ QUOTE ]
depreciate in northern VA, definately not, the market is redonkulous nothing depreciates.

[/ QUOTE ]

the market is redonkulous. it won't remain that way forever. the fact is that land is land and tends to appreciate. when you buy a condo, you don't own land. a building depreciates over time. markets come and go, but buildings don't last forever. Although, I admit in some places the type of condo buildings are built to last longer than others. But in most places, NYC being an exception for instance, condos have been a poor long-term investment.

Bluffoon 07-22-2005 09:13 AM

Re: What an awesome looking condo.
 
No. There is no garage.


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