eyesthebye2 wrote:What a flake
Ah! Another well reasoned and powerful rebuttal from ETB. It's hard to counter such a brilliantly contrived and cutting ad-hominem attack.
Now, about that "percentage return" thing. Cat got your tongue?
eyesthebye2 wrote:What a flake
eyesthebye2 wrote:WTF are you talking about, % return?
I'm at 2400%
eyesthebye2 wrote:I get it Geyser...you own a condo and you love it.
I personally think the value in property is in the land, and if you don't own and control the land you don't own much of anything. You may try to argue that there is land to a condo - but get real man.
Condo might do okay in the short run, and is spurts, but I don't trust that there isn't a day of reckoning where this property class falls on its add. There are just way too many using it as an investment and speculation vehicle.
COMPLETELY RENOVATED home sitting in a quiet and bright CORNER LOT with privately fenced front and back yard to enjoy your summer barbecue. Centrally located in the upper Fraser area. 10 Minutes to downtown. 3 bedrooms and office (which could be easily converted into a 4th bedroom) all come with extra large windows. Well cared by the same family for over 20 years and they just spent almost $200K renovated it. This MOVED-IN-READY home offers you new windows and floors, new hot water tank and heat, brand new bathrooms, kitchen, and appliances. OPEN HOUSE: Aug 12-13 Sat & Sun 2-4pm Listed By: REGENT PARK FAIRCHILD RLTY INC
rMBA13 wrote:Living in detached homes is so lame
Geyser wrote:rMBA13 wrote:Living in detached homes is so lame
Having had my share of living in both I disagree, detached and condos each have their own advantages and disadvantages.
Detached homes are more desirable if you are stuck with kids, don't mind commuting, and your main source of entertainment is television. Also, you can usually get more outside space and a older house in the scruffier suburbs is much cheaper than a similarly sized modern condo in a more desirable area, thus making the detached house far more attractive to parents on a budget.
A Downtown condo is more desirable for child-free people who like being able to easily stroll to nearby beaches, shops, restaurants, bars, theatres, sports events, etc., etc., all without using the car. At the lower end of the market there are tiny units in great locations and they can be perfectly adequate for singles with busy social lives. The downside is their lack of space.
At the higher end of the market there are spacious, luxury units offering large private terraces with stunning water and mountain views, 24 hr concierge service, plus all the previously mentioned advantages of Downtown living. Their downside is the outrageously high prices they command compared to similar sized detached homes, but there are good reasons for that.
Bottom line in my view is that the two different types of homes are suited to very different lifestyles. Suburban detached are best for budget conscious families with children and limited ability to take advantage of resort style living available in Downtown.
Downtown condos are better for people who love daytime walks to the beaches or Stanley Park and who are out on the town a lot at night and don't want to drink and drive or fight for taxis at the end of a fun filled evening.