What an awesome looking condo.

[Tyler Durden]

Would you buy this place ?

pic

[JAA]

Id buy it simply for the view.

- Jags

[tdarko]

just bought it.

[JoeU]

[ 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]

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]

No, because I'd be worried I'd let the cat out.

[jakethebake]

[ 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]

[ 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]

[ 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]

No. There is no garage.