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|User Info||Another Piece of the Housing ScrewJob; entered at 2023-01-23 10:46:40|
Condos are really a collection of rooms in a building (that you do not own). Buildings, like anything else of artificial origin, decay over time and are eventually replaced. Thus, buying a condo never made sense from an investment standpoint. Buying a house is different because you are buying the land the house sits on and thus own something of permanent duration. It seems to me you either buy a house, preferably inland if you are in Florida for somewhat greater protection from typhoons (I don't mind driving an hour to the beach) or you just rent.