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Interstate 11

Started by Interstate Trav, April 28, 2011, 12:58:30 AM

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Rothman

Condos are definitely not all luxury.  The range is considerable.
Please note: All comments here represent my own personal opinion and do not reflect the official position(s) of NYSDOT.


Scott5114

Non-luxury condos are definitely more of an East Coast thing. In the central and west parts of the country, they tend to have a luxury connotation.
uncontrollable freak sardine salad chef

kkt

Around here condos are seen as a less expensive purchase price than houses.  Less floor space, less freedom to do what you want, mandatory fees which can be changed by the condo board and spent not necessarily in accordance with an owner's wishes, likely to appreciate less than houses.

silverback1065

EVERY new apartment, condo, and townhome is luxury now. that's how they advertise all of them  :-D

Max Rockatansky

#1854
They might as well all be luxury apartments and condos out here.  I paid more than my current mortgage at my last apartment and I shudder to think how much rent has spiked since 2017.  Rent is one of the worst items I can think of in the last ten years in terms of outpacing inflation.

vdeane

Quote from: Scott5114 on April 08, 2025, 12:54:04 AMNon-luxury condos are definitely more of an East Coast thing. In the central and west parts of the country, they tend to have a luxury connotation.
I have noticed that different areas have different mixes.  The apartments in the Rochester area tend to be older, so everything tends to either be old enough to lack things like central heat/air or be a modern el cheapo "luxury" place with paper-thin walls run by one of just two corporate landlords.  Condos, however, are plentiful, so there's a market segments between apartments and full-on houses.  In the Capital District, development is newer, and condos are rare, with the few that exist being "luxury" units that cost the same as a small McMansion.
Please note: All comments here represent my own personal opinion and do not reflect the official position of NYSDOT or its affiliates.

RG470

Here in Singapore, due to the price of land, condos are seen as a luxury compared to the Public Housing flats most people live in, and normal houses are even more of a luxury, with most such houses being duplexes.

Terry Shea

I thought this was a road forum, not a realty info site.  :hmmm:

Max Rockatansky

Quote from: Terry Shea on April 25, 2025, 09:37:25 PMI thought this was a road forum, not a realty info site.  :hmmm:

I'll take the conversation being had here any day over what happened to the Key Bridge thread.



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