|
Condo's as an investment suck, they wont appreciate anything like a detached home. The only exception to this is Downtown Vancouver.
Think about it, if the demand continues for condos around brentwood enough that the values start to rise, developers will just build more towers across the street. There is the land available to do this. Therefore price increases will be marginal for TH and condos.
Whereas compare that to the houses in behind brentwood who will see big spikes in price as the areas around them are slowly densified.
Bottom line: If you just want a condo to live in, by all means buy in brentwood. Otherwise buy a house, or save up a little more to buy a house, your ROI will be way bigger in 10 years.
|