Quote:
Originally Posted by tiger_handheld
Why do you want a brand new condo? Whats wrong with a 15yr old condo near Edmonds for 500k 2br? I think there is where you have to define needs vs wants. to tie it back to the current topic of relationships - like a poster said - you are competing against dudes with 911/m3/GTR/penthouse... the sooner you realize your 700k Cambie corridor or River District 2br will not matter, the faster you'll get ahead.
|
I'm looking at $325k to 450k condos that are > 15 years old and needs renovation or are just renovated. I wanna take advantage of the first time home buyers LTT exemption and I also don't wanna over extend myself on a home. The majority of young people only want new homes/presales because they've grown up in nice detached homes or their parents don't want them to buy something so "old" because it'll break. But that's not the case if you research your buildings diligently. I think it's better to purchase a cheaper home and invest in other assets.