Quote:
Originally Posted by Hondaracer
Few things drive people to older units
Price and Size
Also the construction in terms of sound barriers between units is far supperior. But people are, for the most part, dumb and would prefer to have a $150 stainless microwave and hear your neighbors over a foot of concrete and complete silence for 98% of the time.
Being new does not ensure your unit/building won't have problems. I'd say it's actually the opposite in most cases.
Either way, id buy in this same building again if I had to. Lifespan of a well maintained high rise can be up to 80 years if well kept. Eventually you'd just hope you're bought out at market value by a new developer etc
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Older apartments tend to be bigger in size. In terms of the upkeep I think it depends a lot of the owners. Some buildings I been too is in such crappy and shit space becasue they owners voted not to fix anything and just keep pushing maintance back coz they don't want to pay (usually those buildings either have a lot of unit to rent or are full of seniors who doesn't/don't have the money to spend).