US Condo Market Is Worst Since 2012 (WSJ)
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Date: January 2nd, 2026 7:41 AM Author: Beta site
lede buried:
Many condo buildings are located in urban downtowns, which are less attractive than they used to be for people who now work from home at least part-time
(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2],#49555854) |
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Date: January 2nd, 2026 3:39 PM Author: Summa
Incredibly shrewd.
Can you expound more on this Talmudic study?
(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2],#49556856)
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Date: January 2nd, 2026 12:25 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
A few thoughts on this:
1. Part of it self-perpetuating. I didn't buy a condo in 2019 because it looked like they weren't appreciating like a SFH. 5 years later, my home is worth 2x and the condos are worth...1x. So now we've had the greatest appreciation of real estate in 100 years and its more clear than ever condos stay flat.
2. I think there are some exceptions (maybe garden style low cost units), but condos just don't seem to be efficient. A 500 square foot condo seems to have more "maintenance" costs than a 5,000 sf standalone home. Just too much red tape and costs whenever you do anything at scale at this point.
(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2],#49556329) |
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