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Are condos a good investment?

Results so far:

No
51% 184 votes Total: 363 votes
Yes
49% 179 votes
  • 1 of 7

    by Leslie Schwab

    Home ownership has been a goal of most Americans since the founding of our nation. It has been a yardstick for measuring one's personal success and achievement. Owning a condominium

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  • 2 of 7

    by Wade Russell

    Condos are generally NOT a good investment, for many reasons.   When you look into purchasing a condominium you will be given a "common tenant" agreement by the realtor or

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  • 3 of 7

    by Martin Dansky

    I think that the average citizen is still in the middle-income bracket and cannot afford to invest in more than one condo because in order to get money from an investment of this sort

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  • 4 of 7

    by Beth Teasdale

    As a matter of personal preference, I am not attracted to apartment living. So I am copping to a bias upfront. But the nail in the coffin regarding condo investment for me came as

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  • 5 of 7

    by Lester Nixon

    I feel condominiums can and are good places to live, however I do not feel in general they are the best investment one can make regarding real estate. I have lived in a condominium

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  • 6 of 7

    by Tom Palmer

    If there is anything that will convince you that condominiums may not be a great investment, look in the weekly real estate section of any newspaper and read the condominium column,

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  • 7 of 7

    by Bill Whitney

    In general I don't think that a condo is a very good investment. There are circumstances where it is good for some people I guess but personally, I can't see paying as much or more

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  • 1 of 9

    by Charles Merrifield

    Investing in a condominium can be a wonderful investment opportunity for the right person with the right goals at the right time. Why so many qualifications to the response, you might

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  • 2 of 9

    by Janet Jenson

    Although it used to be considered true that condos were a risky investment, this is not necessarily the case any longer. I have invested in 5 condo properties in all, and have made

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  • 3 of 9

    by Elaine Voncannon

    Condo Conversions: How to Succeed in a Changing Real Estate Market

    In the commercial and residential real estate investment market condo conversions have become a controversial topic.

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  • 4 of 9

    by John Imamura

    Condos are great investments, but they are not for everyone. Just like any investment you make in real estate, it all depends on three major factors; location, price, and condition.

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  • 5 of 9

    by Sarah Williams

    As a Realtor in a small beach town on the Central Coast of California, I deal with a lot of condos, town-homes and PUD's (Planned Unit Developments). There was a time when condos were

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  • 6 of 9

    by Vivian Walker

    Not only are condos a good investment, but in the right market and with the right research, they can be a great investment. If you are planning to rent the unit out, you can avoid

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  • 7 of 9

    by Maggie Griffin

    In this market, yes, a condo would be a good investment for the first time buyerd who can afford to purchase a condo verses a home, still benefiting all the advantages of home ownership

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  • 8 of 9

    by Ivan Anthony

    My wife and I are actually about to take our first foray into the home market and condos are exactly what we're looking at. We live in Calgary, and right now as first time buyers,

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  • 9 of 9

    by Charles Johnson

    Condos are not for everyone. A lot of people think a condo is just a different
    kind of apartment. Condos will always be a good investment because it is a piece of property that

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