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who here would be intrested
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| Vivid Boy |
| in renting a condo on lakeshore and parklawn..the waterview towers... very nice two bedroom condo it has a view of lake ontario...a lil expensive but a beautiful place |
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| dEsidEL |
| quote: | Originally posted by Vivid Boy
in renting a condo on lakeshore and parklawn..the waterview towers... very nice two bedroom condo it has a view of lake ontario...a lil expensive but a beautiful place |
i woulda a long time ago but ..
a lil expensive > a beautiful place
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| Vivid Boy |
| yeah well its a long shot but l tried anyways i know the majority of u are students or just got out of university..rent would be about 2 thousand a month |
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| Mumbo Joe |
| hahaha, love your sig |
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| Jayx1 |
| @ 2000 a month you are better off BUYING a place |
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| Vivid Boy |
| yeah actually better off buying a house...its a relaly expensive condo..i was actually thinking abt buying it and ranting it out...but its doo damn expensive i dont think anybody would be able to afford it...plus it doesnt matter if u can buy a house with that sort of rate some ppl rather rent..finding renters is hard but not impossible...some people come here for jobs make a decent penny and rather rent since they dont plan on staying forever..also u have to remember 2 thouysand dollars is with maintenance fees included..and u dont have to worry abt hydro phone bills water, cable or any bills comes included in the price... |
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| dEsidEL |
| quote: | Originally posted by Jayx1
@ 2000 a month you are better off BUYING a place |
totally agree with this .. if i had the capital to put a down payment on a place down there i would in a second.. real estate is an awesome investment
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| Vivid Boy |
| meh not worth to buy a condo in my opinion...right now the prices are inflated..lets say u buy today cause u can afford a mortgage because the rates are so low...so 10 years go by and u have half the mortgage paid off on a 400 thou dollar condo and u decide to sell...theres no way in hell that condo is still going to be worth 400 thou..so u sell for lets say 340 now u owe the bank 60 g's ..leaving u with 140 thou dollars of the 200 thou u already paid off..if u want to buy a house to kepp now is the time...if u want to buy to invest right now is definately not the time... |
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| Rocco |
the idea is weather it's a condo or a house, it really wouldn't matter much since ur paying to own... it's better than wasting rent IMO.
I would go for the house though... u have more capital when u buy a house cuz u also own the land that the house is on. So go for house... might as well. |
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| Vivid Boy |
| quote: | Originally posted by Rocco
the idea is weather it's a condo or a house, it really wouldn't matter much since ur paying to own... it's better than wasting rent IMO.
I would go for the house though... u have more capital when u buy a house cuz u also own the land that the house is on. So go for house... might as well. |
but the thing abt houses is alot of things can really mess up the value of ur house...thats the difference between a condo and a house...see a condo fluctuates with the market...houses fluctuate not only with the market but also stupid lil things..for example (im not being racist but this is true) ur house actually loses value if u live by alot of muslims...believe it or not its true..lets say u pay 300 thou for a house u move into it 3 years go by and all of a sudden your house becomes a muslim area, well ur house deprciates in value a bit...differently then u think tho...it loses its value because it becomes a hard house to sell... not alot of people want to move into a muslim area. so u have to drop ur price.. or another example u get a new next door neighbour who keeps his house in horrible condition like the neighbours that just moved next door to me...boom ur value drops...or all of a sudden ur area becomes a high crime area boom ur valu dops....now in a condo u dont have to worry abt that too much if ur buying a 300 thou dollae condo |
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| Rocco |
| quote: | Originally posted by Vivid Boy
but the thing abt houses is alot of things can really mess up the value of ur house...thats the difference between a condo and a house...see a condo fluctuates with the market...houses fluctuate not only with the market but also stupid lil things..for example (im not being racist but this is true) ur house actually loses value if u live by alot of muslims...believe it or not its true..lets say u pay 300 thou for a house u move into it 3 years go by and all of a sudden your house becomes a muslim area, well ur house deprciates in value a bit...differently then u think tho...it loses its value because it becomes a hard house to sell... not alot of people want to move into a muslim area. so u have to drop ur price.. |
i know, i hear ya... that's what sucks so much about it. The bright side: ur own house = lots more privacy. Kinda privacy u need as a family though. For single peepz like us, it makes no difference. Personally when i move out, if the market is pretty much the same as it is now, chances are i'll buy a condo. makes more sense if ur single and don't care about cutting grass or shoveling snow. |
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| Tully |
| thats rather ed up...but very believable in this day and age.... |
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