Quote:
Originally Posted by Gridlock
Ha...its like sending a horny teenager to a strip club.
"Oh I'm just looking"
Yeah, and pretty soon you're saying yes to a trip to the champagne room. I live for free and we were being pulled to the idea of buying a condo.
"why live for free when you can own the same thing for twice the price!"
This whole Brentwood, SOLO(gag marketing, we're not new york, stop trying to be new york) area is ripe for a loss. People buy in an area like that where its being built over with towers thinking it will be new and trendy, but the risk for sitting among a glut of units overbuilt by the developer.
If its not 2004 where you can increase in equity by 40k between presale and closing, then locking into a unit in a time of large construction isn't as vital, unless you want a baller apartment of which there are only so many sub/pents being built, but your standard 1 bed...nah.
Any development with lines out front, selling out in an hour right now is fake....and they've stopped even putting on that show for you.
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I though Solo is planning to built 12 to 14 aparemtns in that area? (Don't quote me I might be wrong but I think is aroudn 12 to 14 apartments). I been in that area day in and day out (Get off at brentwood at take the bus home form there). And I just don't see how they can fit so many apartments in that tiny space. Not to mention they some of the floors are going to be commerical use?
If they are going to be that many apartments do people honestly think when they try to sell it, the value will actually go up? There are 12 to 14 apartments around where you live! That means lots of choice for buyers to think it over.