...they aren't terrible investments. Compared to anything else other than a single family house, condos that don't have any issues are great investments in the longrun. You just have to watch the fact that they keep building so many but over time, maybe a long time, it will balance out. But condos will never be as good as a house because of the very small "land" component found in condos. But compared to financial instuments, other than some mortgages, condos are way superior.If its so obvious that condos are such terrible investments, why are they still selling like hot cakes?
Condos are selling like hotcakes cuz condos are an investment that even "small" investors can get into.
I would take a condo over the Fawk Market any day of the week.