I've disliked condos for a very long time, primarily because their value and their ease of resale always seem to drop dramatically when the market gets soft.
And, when times are good, they always seem to get horribly over-built.
This article, though, seems to have a point, and if in fact it is accurate, I may have to modify my criticisms. CONDOS GO MINIATURE.
Perhaps the strongest feature is that should the resident outgrow the unit, it shouldn't be difficult to fit it into the rental market.
What do you think?
Minature
BILL CHERRY, REALTORS
DALLAS - PARK CITIES
Our 45th Year
214 503-8563
But the rules and rgulations of the condo may say that onlya percentage can be rented out... be careful;)
I think small is just fine for many people who have an active lifestyle and just need a place as home base. The nation will probably not be able to afford so many big big homes in the future. good post.
Whenever I've gone into small apartments, they're extremely cluttered. And those are bigger than many mentioned in the article. I bet people don't stay long.
Thanks, Bryan, Joetta and Shanna.