Quote:
Originally Posted by Akinari
I guess when I actually get around to looking at a new place, once I save up a reasonable downpayment, I'll have to weigh the pros/cons of a townhouse vs a detached home.
I suppose townhouses aren't so bad depending on where exactly it is, but still have to deal with stratas.
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the biggest mistake in thinking.
pro tip: you will never be able to save as fast as the appreciation in real estate.
take your 5% and put it down on a building (likley old) in the area you prefer (probably not close to downtown). The <20% insurance you pay is minuscule when you consider the appreciation by the time your 1st 5 year term is up.
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Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
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