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The Condo Question

Loft Condos Apartments

I’m at that stage in life where several of my friends are buying houses and condos.

New condos are everywhere around downtown and interest rates are low, but I’m not convinced. Would I really want a condo by the mills?

Minneapolis Condos

A house just seems like a bad investment. Sure, the mortgage may be as much as our rent, but we don’t have to pay homeowners insurance, property taxes or worry whether the roof needs replacing.
If I bought a house I guarantee the roof would give out and pipes would implode on the third day.

Maybe a condo will seem like a more attractive idea once I’m further in my career and able to pay off all of my student loans. Renting will do for now.

3 Comments

  • gary
    October 25, 2011 at 2:13 pm

    You have 2 big dogs. Dog-haters always manage to get on the HOA board and they are the biggest assholes on the face of the planet.

    The biggest spendthrifts also tend to sit on the HOA boards.

    Reply
    • Jansen
      November 5, 2011 at 6:39 pm

      Haha…speaking from experience?

      Reply
  • […] how I was tut-tutting buying a condo just a little over a year ago? Well! How things have […]

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